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THE POLITICALLY OPTIMAL TARIFF: LEVELS OF TRADE RESTRICTIONS ACROSS DEVELOPED COUNTRIES
Author(s) -
GODEK PAUL E.
Publication year - 1986
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1986.tb01835.x
Subject(s) - economics , tariff , international economics , context (archaeology) , per capita income , per capita , developing country , redistribution (election) , commercial policy , trade barrier , international trade , economic growth , paleontology , population , demography , sociology , politics , political science , law , biology
The degree to which countries restrain international trade varies significantly. This paper explains the pattern of tariff and non‐tariff trade barriers for developed countries, in the context of politically optimal redistribution. The degree of trade restriction across countries is shown to be determined by differences in such factors as per capita income, the size of the government, and the size of the country.