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...
Main Authors: | , , |
---|---|
Format: | Working paper |
Published: |
University of Oxford
2018
|