Choked by red tape? The political economy of wasteful trade barriers

Red-tape barriers (RTBs) are an important source of trade costs, but have received little scholarly attention. Here we take a first step toward a theory of RTBs, and show that their implications are very different from those of more traditional trade barriers. Our model highlights that RTBs have imp...

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Bibliographic Details
Main Authors: Neary, P, Maggi, G, Mrázová, M
Format: Working paper
Published: University of Oxford 2018