Microfoundations of Influencing Public Opinion: Lobbying and Voting for Trade Policies
Posted: 31 Aug 2014
Date Written: 2006
Abstract
Public opinion, lobbying and elections have important effects on the formation of trade policy in democracies. This paper attempts to explain how lobbying expenditures can influence the outcome of an election fought over trade policy. Voters are assumed to own both capital and labour. The expenditures of lobby groups act as a signal to voters of the difference in returns to their factor endowments under different political parties.
Keywords: Trade Policy Formation, Tariffs, Voting, Lobbing
JEL Classification: D72, D78, F13, F15
Suggested Citation: Suggested Citation
Pyne, Derek, Microfoundations of Influencing Public Opinion: Lobbying and Voting for Trade Policies (2006). Journal of Economic Integration, Vol. 21, No. 3, 2006, Available at SSRN: https://ssrn.com/abstract=2481322
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