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Tariff Determination in the General Equilibrium of a Political Economy

Hom Moorti Pant
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A01=Hom Moorti Pant
Asymmetric Bargaining Power
Autarkic Equilibrium
Author_Hom Moorti Pant
bargain-theoretic approach
Bargaining Problem
Bargaining Set
Category=KCP
CES Production Function
CGE Model
Comparative Static Properties
Comparative Static Responses
Constraint Correspondence
Domestic Relative Price
economic sphere equilibrium model
endogenous protection theory
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
equilibrium tariff policy simulation
Free Trade Equilibrium
Lobbying Expenditure
Minimum Expectation
Nash Bargaining Solution
Nash Equilibrium
Nash equilibrium applications
Nash Solution
Non-cooperative Nash Equilibrium
Noncooperative Nash Equilibrium
Np
policy bargaining models
policy modelling
political economy approach
political economy modelling
rent-seeking behaviour
Sector Specific Factor
small open economy analysis
Tariff Determination
Tariff Game
Tariff Rate
Transformation Frontier
Vice Versa

Product details

  • ISBN 9781138345928
  • Weight: 660g
  • Dimensions: 150 x 220mm
  • Publication Date: 05 Jun 2019
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Description

First published in 1997, this volume builds an economic model in which a model of the policy-formation process was grafted onto an economic model of the traditional kind. Politics are not made in a vacuum; they have their basis in the politico-economic system which economists have been modelling and analysing for a very long time. For economists, government policies are particularly important as they determine the environment within which all agents make their choices and the way in which the market allocates resources. Through an examination of tariffs and an equilibrium model of the economic sphere of a small open political economy, Hom Moorti Pant aims to explore some of the reasons and effects of government policy decisions on the economy.

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