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What Governments Maximize and Why: The View from Trade / Kishore Gawande, Pravin Krishna, Marcelo Olarreaga.
- Format:
- Book
- Author/Creator:
- Gawande, Kishore.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w14953.
- NBER working paper series no. w14953
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- What Governments Maximize and Why
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2009.
- Summary:
- Policy making power enables governments to redistribute income to powerful interests in society. However, some governments exhibit greater concern for aggregate welfare than others. This government behavior may itself be endogenously determined by a number of economic, political and institutional factors. Trade policy, being fundamentally redistributive, provides a valuable context in which the welfare mindedness of governments may be empirically evaluated. This paper investigates quantitatively the welfare mindedness of governments and attempts to understand these political and institutional determinants of the differences in government behavior across countries.
- Notes:
- Print version record
- May 2009.
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