Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92671
Authors: 
Sugimoto, Yoshiaki
Year of Publication: 
2006
Series/Report no.: 
ISER Discussion Paper, Institute of Social and Economic Research, Osaka University 678
Abstract: 
This paper develops a dynamic theory that accounts for the evolution of trade policy, underlying internal class conflicts, and output growth performance over the last few centuries. By analyzing political responses to the distributional effects of international trade, it finds a prominent interaction between trade policy and the pattern of economic development, and also a significant role for trade liberalization in economic take-off. Consistent with historical evidence for Western Europe, land-scarce economies reach a developed stage through the ebb and flow of liberalism. In contrast, land-abundant countries tend to stagnate because of landlords' opposition to industrialization.
Subjects: 
Trade Policy
Growth
Class Conflict
JEL: 
F10
F13
F43
O11
O40
Document Type: 
Working Paper

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