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- W1968361451 abstract "This paper develops a model in which tariffs are determined through bargaining between a utility maximizing policy maker and an industry lobby. Individual firms only contribute to the lobbying effort if it is in their own self-interest so that both trade policies and lobby formation are endogenous. By introducing bargaining between the industry and the government, the paper provides microfoundations for the tariff-formation function approach taken by many authors in the political economy literature. Applied to the free-rider problem, the model identifies general conditions under which increasing the number of firms in an industry makes cooperation between them more difficult." @default.
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- W1968361451 date "2002-08-01" @default.
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- W1968361451 title "Endogenous trade policy and lobby formation: an application to the free-rider problem" @default.
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- W1968361451 doi "https://doi.org/10.1016/s0022-1996(01)00146-5" @default.
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