Synopses & Reviews
The papers in this volume study political-economy aspects of policies associated with globalization: while globalization has generated efficiency gains, the resolution of the associated domestic income-redistribution consequences has in general involved political processes. The papers are divided into two groups, with the first group being concerned with issues of trade policy and the second considering policies with regard to immigration, the environment, foreign aid and competition. As a group, the research papers in the first part of the volume not only cover key trade policy issues that are driven by the globalization process but also provide a comprehensive review of the modeling approaches of endogenous trade policy theory.
Synopsis
In this volume we collected some of the papers that were presented at the RIEB (The Research Institute for Economics and Business Administration) International Conference at Kobe University on March 25 and 26, 2000. The contributions invited for presentation all dealt with specific aspects of the conference topic "Trade Policy: Political Economy and Dynamic Issues." In the meantime the papers collected in this volume have been revised, and some of them have been published in professional journals. This volume thus contains published as well as hitherto unpublished contributions. We are grateful to all the authors and the conference participants, espe- cially to those who cheerfully served as discussants and chairpersons. Our thanks also go to our colleagues at the RIEB for their encouragement, and especially to the RIEB's Director, Professor Shoji Nishijima for his support of the project. We are also grateful to Professor Arye Hillman at Bar-Han University, who kindly read parts of the manuscript and supplied useful com- ments and suggestions. In the editorial process we were fortunate to be able to rely on an excellent and able team: we are extremely grateful to Minako Okuno, Yuji Fujinaka, Tetsuya Saito for their outstanding work and to Shinya Horie who undertook the pains taking job and completed the camera-ready copy for publication. We are also grateful to Professor Charles Noussair of Emory University who kindly supplied suggestions.
Table of Contents
Introduction.- Part I: The Political Economy of Trade Policy: Endogenous Distribution and the Political Economy of Trade Policy.- Lobbying for Tariff Protection: the Case of Bertrand Rivalry.- The Value of Multilateral Trade Liberalization and the Need for Third-Party Sanction.- Commercial Culture, Political Culture and the Political Economy of Trade Policy: The Case of Japan.- Protection and Jobs: Explaining the Structure of Trade Barriers Across Industries.- Part II: The Political Economy of International Relations: Unemployed Immigrants and Voter Sentiment in the Welfare State.-Strategic Emission Tax-Quota Nonequivalence Under International Carbon Leakage.- Allocation of Aid Between and Within Recipients: A Political Economic Approach.- Optimal Competition Policy in a Model of Vertical Production Chain.- Some Economics of Parallel Imports and Trade Policy.