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In this paper we examine the empirical relevance of three prominent endogenous protection models. Is protection for sale, or do altruistic policy makers worry about political support? We find strong evidence that protection is indeed for sale. The important new result is, however, that not only...
Persistent link: https://www.econbiz.de/10011397792
just signaling for active involvement in lobbying action, since we find evidence that actual meeting attendance has a …
Persistent link: https://www.econbiz.de/10010361404
The United States introduced Federal Trade Adjustment Assistance (TAA) as part of the 1962 Trade Expansion Act to dampen the adverse impact of increased trade on workers. Applications to receive TAA require approval from the Department of Labor. Guided by the technical criteria used by the U.S....
Persistent link: https://www.econbiz.de/10011414675
We analyze a two country-two good model of international trade in which citizens in each country differ by their specific factor endowments. The trade policy in each country is set by the politician who has been elected by the citizens in a previous stage. Due to a delegation effect citizens...
Persistent link: https://www.econbiz.de/10011398023
up with two rationales that help to understand why countries nevertheless consider protectionism to be a good response to … a recession: (i) the lobbying of domestic, non-exporting firms, and (ii) the relationship between vulnerability, the … degree of openness and loss aversion of consumers. -- protectionism ; trade liberalization ; short term shocks …
Persistent link: https://www.econbiz.de/10008697408
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012103631
Are product standards protectionism in disguise? This paper estimates the costs of non-compliance with US product … does not prove) the existence of counter-cyclical, hidden protectionism due to non-tariff barriers to trade in the United …
Persistent link: https://www.econbiz.de/10010467851
The trade war initiated by the Trump administration is the largest since the US imposed the Smoot-Hawley tariffs in the 1930s and was still raging when he left office. We analyze how the trade war impacted the 2020 US Presidential election. Our results highlight the political salience of the...
Persistent link: https://www.econbiz.de/10013171058
allowing for the possibility that policymakers also may be influenced by the rent-seeking (lobbying) behavior of businesses …
Persistent link: https://www.econbiz.de/10003985850
in US states may indeed reduce corruption levels among elected representatives. -- bicameralism ; corruption ; lobbying …
Persistent link: https://www.econbiz.de/10003850512