The welfare economics and the political economy of Japanese beef trade liberalization: An empirical application of new political economy theory

Agricultural trade protection has been common in most industrialized nations for the last decades. While economic inefficiency of trade protection policy has been argued, the assertion may not hold if institutions functioning in economic equilibrium are appropriately recognized. Becker proposes that currently adopted policy tends to be more efficient than others (efficient redistribution hypothesis; ERH). Although the ERH has been a crucial assumption in many political economy models, an empirical test employing a rigorous method has not yet appeared. While the political preference function (PPF) studies have been abundant, they entail serious methodological weaknesses and their political weight estimates are often misleading.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Agricultural and Consumer Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2011

Author dc:creator

• Jeong, Kyeong-Soo

Contributors dc:contributor

• Bullock, David S.

• Economics, Agricultural

Statement dc:rights

• Copyright 1995 Jeong, Kyeong-Soo

Language dc:language

eng

Identifier

AAI9543612
(UMI)AAI9543612

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/20077