9-ProtectionistBias-2

9-ProtectionistBias-2 - Political Economy of Institutions:...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
Click to edit Master subtitle style 3/10/10 Lecture 9: Electoral Rules Grossman and Helpman: A Protectionist Bias in Majoritarian Politics Political Economy of Institutions: Trade
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
3/10/10 Democratic Institutions Elections Lobbies Parties Electoral Rules Rogowski: Variations in openness determine electoral rule Today majoritarian systems lead to protectionism
Background image of page 2
3/10/10 Tyranny of the Majority Consider a small open economy free trade is socially optimal Mayer direct election skewness in the distribution of factors positive tariff wins election Grossman and Helpman QJE 2005 voters vote for legislators
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
3/10/10 Argument: Small open economy 3 districts, 1,2,3 each district sends a single representative to the legislature MAJORITARIAN SYSTEM Suppose 1/3 of population lives in each district. no district is stronger or bigger than any other
Background image of page 4
3/10/10 Welfare and Tariffs Let Vi be the income/welfare of all of the
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/09/2010 for the course ECON 330 taught by Professor Iorio during the Spring '10 term at USC.

Page1 / 15

9-ProtectionistBias-2 - Political Economy of Institutions:...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online