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Political Accountability and Its Influence on Trade Liberalization

이종민
한국경제학회 (The Korean Economic Association)|2004.12|The Korean Economic Review|제20권 제2호|pp. 305-322

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참고문헌

주제분류경제학

초록

Abstract

A country's trade policy is determined through the process of political competition among various domestic interest groups. This in turn is influenced by the polity. Insufficient attention to the role of the polity in determining trade policy is a motive for this work. This paper investigates the impacts of the political accountability as an important aspect of democracy on the level of tariffs and on the international cooperation associated with trade liberalization. It is shown that an increase in the political accountability in a democracy lowers the level of tariff determined through the political process. Furthermore, the paper shows that the policy-maker's responsiveness to the will of the society at large facilitates more cooperative equilibrium outcome in the international negotiating environment.

참고문헌 (23)

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