10-DemocraciesTradeFreely

10-DemocraciesTradeFreely - Political Economy of...

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Click to edit Master subtitle style 3/10/10 Lecture 10: Democracy vs Autocracy Mansfield, Milner and Rosendorff: Do Democracies Trade More Freely? Political Economy of Institutions: Trade
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3/10/10 Democratic Institutions Elections Lobbies Parties Electoral Rules with Democracies Democracy vs. non-democracies is there a systematic difference between democracies and the rest as to trade policy?
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3/10/10 Features of Democracies: Elections Electoral Accountability Separation of powers executive and a legislature Democracies are more transparent electorates can more easily monitor / observe the actions of government. These are largely absent in autocracies.
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3/10/10 Implications These differences have three effects democracies will have lower tariffs democracies are more likely to join PTAs democracies will have higher non-tariff barriers
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3/10/10 Democracies have lower tariffs Electoral accountability at work here
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3/10/10 Separation of Powers
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3/10/10 Two Democracies
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3/10/10 Democracies have lower tariffs: Mansfield, Milner and Rosendorff, APSR 2000
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3/10/10
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This note was uploaded on 03/09/2010 for the course ECON 330 taught by Professor Iorio during the Spring '10 term at USC.

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10-DemocraciesTradeFreely - Political Economy of...

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