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Optimal Tariffs and Trade Policy Formation : U.S. Evidence from the Smoot-Hawley Era
Irwin, Douglas A.; Soderbery, Anson - National Bureau of Economic Research - 2021
well as industry lobbying data. We find that tariff levels are largely determined by firm lobbies, but about about 5 …
Persistent link: https://www.econbiz.de/10012599405
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Foreign Lobbies and US Trade Policy
Gawande, Kishore - 2004
In popular discussion much has been made recently of the susceptibility of government policies to lobbying by … fact be harmful: If the policy outcome absent any lobbying by foreigners is characterized by welfare-reducing trade … barriers, lobbying by foreigners may result in reductions in such barriers and raise consumer surplus (and possibly improve …
Persistent link: https://www.econbiz.de/10012468489
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Reciprocated Unilateralism in Trade Reforms with Majority Voting
Krishna, Pravin - 2004
This paper shows how unilateral liberalization in one country can increase the voting support for reciprocal reduction in trade barriers in a partner country. When trade policies are determined simultaneously in the two countries, we show the possibility of multiple political equilibria -...
Persistent link: https://www.econbiz.de/10012467863
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Reciprocated Unilateralism in Trade Policy : An Interest-Group Approach
Krishna, Pravin - 2003
Using the menu-auction approach to endogenous determination of tariffs and allowing additionally for lobby formation itself to be endogenous, this paper analyzes the impact of unilateral trade liberalization by one country on its partner's trade policies. We find that such unilateral...
Persistent link: https://www.econbiz.de/10012469067
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Is Trade Policy for Sale? Congressional Voting on Recent Trade Bills
Baldwin, Robert E. - 1998
This paper examines voting by members of Congress on three trade bills introduced in 1993 and 1994: the North American Free Trade Agreement (NAFTA), the agreements concluded in the Uruguay Round of multilateral trade negotiations (GATT), and most-favored nation status for China. We first review...
Persistent link: https://www.econbiz.de/10012472442
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Protection For Sale
Grossman, Gene M. - 1992
We develop a model in which special interest groups make political contributions in order to influence an incumbent government's choice of trade policy. In the political equilibrium. the interest groups bid for protection, and each group's offer is optimal given the offers of the others. The...
Persistent link: https://www.econbiz.de/10012474821
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Negotiated Trade Restrictions with Private Political Pressure
Feenstra, Robert C. - 1987
In this paper we consider a home government with political pressure to restrict trade, at the expense of foreigners. The foreign country is compensated with an income transfer, which can be thought of as a portion of the tariff revenues or quota rents. In this setting the two countries should...
Persistent link: https://www.econbiz.de/10012476694
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Trade Policy Making in a Model of Legislative Bargaining
Celik, Levent - 2011
In democracies, trade policy is the result of interactions among many agents with different agendas. In accordance with this observation, we construct a dynamic model of legislative trade policy-making in the realm of distributive politics. An economy consists of different sectors, each of which...
Persistent link: https://www.econbiz.de/10012461395
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Precedent and Legal Argument in U.S. Trade Policy : Do They Matter To The Political Economy of the Lumber Dispute?
Kalt, Joseph P. - 1994
economy are tested. Capture Theory de-emphasizes the role of institutional settings of the kind at work here: The outcomes of … before the Department of Commerce, this study finds more support for Capture Theory than for the New Institutionalism. An …
Persistent link: https://www.econbiz.de/10012474176
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Lobbying Competition Over Trade Policy
Gawande, Kishore - 2005
investigates empirically the consequences of lobbying competition between upstream and downstream producers for trade policy. The … with lobbying competition. Importantly, accounting for lobbying competition also alters substantially estimates of the …
Persistent link: https://www.econbiz.de/10012467312