Reconciling Observed Tariffs and the Median Voter Model
نویسندگان
چکیده
منابع مشابه
Reconciling Observed Tariffs and the Median Voter Model
Median voter theory applied to trade policy predicts positive tariffs in capital-abundant countries and negative tariffs in labor-abundant countries. Negative tariffs are rare, and this paper reconciles the median voter theory with observed protectionism across countries. By considering large countries, I show the optimal tariff is a sum of the median voter component and a positive in terms of ...
متن کاملThe Politics of Consumption Taxes: Globalization and the Median Voter
The regressive nature of consumption taxes poses a challenge to partisan theory. Using data for up to 20 OECD countries in the period 1970-2003 this article aims to explore the question of whether the idea that social democratic governments typically have to compromise on policy goals and core constituency interests to make themselves more appealing to the median voter necessitates the use of r...
متن کاملMedian-voter Equilibria in the Neoclassical Growth Model under Aggregation
We study a dynamic version of Meltzer and Richard’s median-voter model where agents differ in initial wealth. Taxes are proportional to total income, and they are redistributed as equal lumpsum transfers. Voting takes place every period and each consumer votes for the current tax rate that maximizes his or her welfare. We characterize time-consistent (differentiable) Markovperfect equilibria in...
متن کاملInformation, Disinformation and Lobbying in a Median Voter Model
Candidates run for (a one-shot) election, adopting a platform of a single-dimensional policy variable p ∈[0,1]. Voters with heterogeneous single-peaked preferences over policies know candidates’ announced platforms, but perceive that the actual policy which would be implemented should that candidate be elected is a random variable (with mean equal to the announced platform) whose distribution i...
متن کاملthe politics of consumption taxes: globalization and the median voter
the regressive nature of consumption taxes poses a challenge to partisan theory. using data for up to 20 oecd countries in the period 1970-2003 this article aims to explore the question of whether the idea that social democratic governments typically have to compromise on policy goals and core constituency interests to make themselves more appealing to the median voter necessitates the use of r...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Economics & Politics
سال: 2014
ISSN: 0954-1985
DOI: 10.1111/ecpo.12045