Anti-trade Bias in Trade Policy and General Equilibrium
          
                  Nuno Limão and Arvind Panagariya
      
  
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                  3
      
  
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            The B.E. Journal of Economic Analysis & Policy
      
            1538-1645
      
            September
      
            2004
          
                          
      
  
  Abstract
              An important question that has continued to elude trade economists is why trade interventions are biased in favor of import-competing rather than exportable sectors. Indeed, as Philip Levy (1999) points out, under a set of neutrality assumptions, the dominant political-economy model, Grossman and Helpman (1994), predicts a pro-trade bias.
