1st Edition

Tariff Determination in the General Equilibrium of a Political Economy A Bargain-theoretic Approach to Policy Modelling

By Hom Moorti Pant Copyright 1997
268 Pages
by Routledge

268 Pages
by Routledge

268 Pages
by Routledge

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... Read more

1. An Overview. 2. A Selective Review of Endogenous Tariff Literature. 3. An Equilibrium Model of the Economic Sphere of a Small Open Political Economy. 4. The Rent Transformation Frontier. 5. Nash Equilibrium of a Political Economy and the Tariff Rate. 6. Bargaining in the Tariff Game. 7. A General Equilibrium Model of a Political Economy and Comparative Static Results. 8. Some Illustrative Simulations of the PEGEM. 9. Epilogue.

Biography

Pant, Hom Moorti