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- W41594582 abstract "In this study, we show that the unique Nash equilibrium of a political competition model between two parties in a Heckscher-Ohlin setting entails differentiated trade politics, with one party proposing a high tariff, and the other, a low one. The basic departure from a median voter model is the introduction of campaign contributions which influence the vote of a group of uninformed voters. Parties are Downsian, not ideological, yet campaign contributions create an asymmetry between them. Thus, the heterogeneous trade platforms in a two-party system are endogenous. One party is labeled as a promoter of protectionism, whereas the other is labeled as pro-trade." @default.
- W41594582 created "2016-06-24" @default.
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- W41594582 date "2006-01-01" @default.
- W41594582 modified "2023-09-23" @default.
- W41594582 title "Trade Politics: A Heckscher-Ohlin-Downs Framework" @default.
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- W41594582 doi "https://doi.org/10.2139/ssrn.906281" @default.
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