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What Governments Maximize and Why: The View from Trade
Policymaking power enables governments to redistribute income to powerful interests in society. However, some governments exhibit greater concern for aggregate welfare than others. This government behavior may itself be endogenously determined by a number of economic, political, and institutional factors. Trade policy, being fundamentally redistributive, provides a valuable context in which the welfare-mindedness of governments may be empirically evaluated. This article investigatesdoi:10.1017/s0020818309090171 fatcat:ykwszr6sonccpobyllypx2bw7y