The EC and Protectionism: The Political Economy

Winters, L. Alan (1994) The EC and Protectionism: The Political Economy. European Economic Review, 38 (3-4). pp. 596-603. ISSN 0014-2921

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This paper surveys the arguments that the creation of the EC has increased world protectionism relative to what it would otherwise have been. Models of tariff bargaining between trade blocks suggest some increase, because the optimum tariff is higher for larger blocks, but this is not inevitable. Models of EC decision-taking suggest an increase because of the restaurant-bill problem and the tendency of committees towards universalism. The evidence is not enough, however, to be certain that a protectionist effect exists.

Item Type: Article
Schools and Departments: University of Sussex Business School > Economics
Depositing User: L.Alan Winters
Date Deposited: 06 Feb 2012 20:24
Last Modified: 10 Jul 2012 08:22
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