THE EC AND PROTECTION - THE POLITICAL-ECONOMY

Authors
Citation
La. Winters, THE EC AND PROTECTION - THE POLITICAL-ECONOMY, European economic review, 38(3-4), 1994, pp. 596-603
Citations number
14
Categorie Soggetti
Economics
Journal title
ISSN journal
00142921
Volume
38
Issue
3-4
Year of publication
1994
Pages
596 - 603
Database
ISI
SICI code
0014-2921(1994)38:3-4<596:TEAP-T>2.0.ZU;2-D
Abstract
This paper surveys the arguments that the creation of the EC has incre ased world protectionism relative to what it would otherwise have been . Models of tariff bargaining between trade blocks suggest some increa se, because the optimum tariff is higher for larger blocks, but this i s not inevitable. Models of EC decision-taking suggest an increase bec ause of the restaurant-bill problem and the tendency of committees tow ards universalism. The evidence is not enough, however, to be certain that a protectionist effect exists.