Endogenous Trade Protection

Stephen P. Magee and Christopher S. P. Magee

in The Oxford Handbook of Business and Government

Published in print February 2010 | ISBN: 9780199214273
Published online May 2010 | | DOI:

Series: Oxford Handbooks in Business and Management

 Endogenous Trade Protection

More Like This

Show all results sharing these subjects:

  • Business and Management
  • International Business


Show Summary Details


This article surveys the literature on the political economy of trade policy. The discussion is organized around five propositions. The first is just a statement about the ways in which interest groups can influence government policies. The second proposition is the central point made in the political economy literature, and it explains the existence of policies that transfer income within a country while clearly reducing national welfare. Proposition three discusses how interest groups will be organized in their lobbying over trade policy. The last two propositions are more recent and more controversial. Both of these effects cause the weakening of protectionist forces globally. In proposition four, the article discusses the evidence that globalization has weakened the autonomy of nation states.

Keywords: trade protection; trade policy; interest groups; government policies; national welfare; globalization

Article.  12425 words. 

Subjects: Business and Management ; International Business

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.