Construct · 1 fields · 1 citations

protection for sale: a standalone construct

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International political economy

a model in which organized industries offer contributions to a government that trades off welfare against them, so trade protection is set in a political auction.

In international political economy, protection for sale refers to a model in which organized industries offer contributions to a government that trades off welfare against them, so trade protection is set in a political auction. This meaning comes from Grossman (1992) in Protection For Sale.[1]

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Nearby constructs

government2 fields · 3 citationsjingle · one word, two constructs model3 fields · 3 citationsjingle · one word, three constructs offer1 fields · 1 citationsanchor · a standalone construct

References

Grossman, G., & Helpman, E. (1992). Protection For Sale. National Bureau of Economic Research. https://doi.org/10.3386/w4149

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