The Political Economy of Trade Policy: Theory, Evidence and Applications is a collection of sole-authored and co-authored papers by Devashish Mitra that have been published in various scholarly journals over the last two decades. It covers diverse topics in the political economy of trade policy, ranging from the role of modeling lobby formation in the context of trade policy determination to its applications to the question of unilateralism versus reciprocity and trade agreements. It also includes the theory and the empirics of the choice of policy instruments. Finally, the book presents the empirical investigation of the Grossman-Helpman “Protection for Sale” model as well as the Mayer “Median-Voter” model of trade policy determination.
Sample Chapter(s)
Chapter 1: Endogenous Lobby Formation and Endogenous Protection: A Long Run Model of Trade Policy Determination (1,851 KB)
Contents:
- Endogenous Lobby Formation: Implications for Endogenous Trade Policy:
- Endogenous Lobby Formation and Endogenous Protection: A Long Run Model of Trade Policy Determination (Devashish Mitra)
- Endogenous Political Organization and the Value of Trade Agreements (Devashish Mitra)
- Reciprocated Unilateralism in Trade Policy (Pravin Krishna and Devashish Mitra)
- Majority Voting and Ideology: Implications for Endogenous Trade Policy:
- Endogenous Trade Policy through Majority Voting: An Empirical Investigation (Pushan Dutt and Devashish Mitra)
- Political Ideology and Endogenous Trade Policy: An Empirical Investigation (Pushan Dutt and Devashish Mitra)
- Labor versus Capital in Trade Policy: The Role of Ideology and Inequality (Pushan Dutt and Devashish Mitra)
- Political Economy of Agricultural Distortion Patterns: The Role of Ideology, Inequality, Lobbying and Public Finance (Pushan Dutt and Devashish Mitra)
- Reciprocated Unilateralism in Trade Reforms with Majority Voting (Pravin Krishna and Devashish Mitra)
- Political Contributions Approach to Endogenous Trade Policy: Empirics:
- “Protection for Sale” in a Developing Country: Democracy vs. Dictatorship (Devashish Mitra, Dimitrios Thomakos and Mehmet Ulubaşoğlu)
- Can We Obtain Realistic Parameter Estimates for the “Protection for Sale Model”? (Devashish Mitra, Dimitrios Thomakos and Mehmet Ulubaşoğlu)
- Endogenous Choice of Policy Instruments:Theory and Empirics:
- On the Endogenous Choice between Protection and Promotion (Devashish Mitra)
- Protection vs. Promotion: An Empirical Investigation (Devashish Mitra, Dimitrios Thomakos and Mehmet Ulubaşoğlu)
- Political Economy of Trade Policy: Surveys of the Literature with Applications:
- Political Economy of Trade Policy (Devashish Mitra)
- Unilateralism in Trade Policy: A Survey of Alternative Political-Economy Approaches (Pravin Krishna and Devashish Mitra)
Readership: Graduate students and researchers who are interested in the topic of political economy of trade policy.
Devashish Mitra is Professor of Economics and Cramer Professor of Global Affairs at the Maxwell School of Citizenship & Public Affairs, Syracuse University. He was the Chair of the Economics Department at Syracuse University from 2006 to 2010. He is coeditor of Economics and Politics (2006–present) and Indian Growth and Development Review (2014–present). In addition, he is/has been associate editor of the European Economic Review (2012–2015), Journal of Development Economics (2010–present), Journal of International Economics (2006–2015), International Journal of Business and Economics (2004–present) and International Review of Economics and Finance (2004–present) and an editorial board member of other journals including the Review of International Economics (2009–present). Professor Mitra is also a member of the trade program of the International Growth Centre, UK based at the LSE and Oxford, a fellow of the CESifo network, a research professor at the Ifo Institute, Munich and a research fellow at the IZA, Bonn.
Professor Mitra's research and teaching interests are in International Trade, Political Economy and Development Economics. More specifically, he has worked on the role of politics in the determination of trade policy and on the impact of trade on productivity and labor market outcomes. He is currently working on the impact of trade on employment, labor shares and unionization. His work has been published in well-known journals like American Economic Review, Review of Economics & Statistics, Economic Journal, Journal of International Economics and Journal of Development Economics. He holds a PhD in Economics from Columbia University.