English, Article, Journal or magazine article edition: Endogenous Trade Policy: Political Struggle in the Growth Process Yoshiaki Sugimoto

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Bookmark: http://trove.nla.gov.au/version/106723
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Endogenous Trade Policy: Political Struggle in the Growth Process
Author
  • Yoshiaki Sugimoto
Physical Description
  • preprint
Notes
  • This paper develops a dynamic theory that accounts for the evolution of trade policy, underlying internal class conflicts, and output growth performance over the last few centuries. By analyzing political responses to the distributional effects of international trade, it finds a prominent interaction between trade policy and the pattern of economic development, and also a significant role for trade liberalization in economic take-off. Consistent with historical evidence for Western Europe, land-scarce economies reach a developed stage through the ebb and flow of liberalism. In contrast, land-abundant countries tend to stagnate because of landlords' opposition to industrialization.
  • RePEc:dpr:wpaper:0678
Language
  • English
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