Voting for Protection: Does Direct Foreign Investment Influence Legislator Behavior?

Bruce A. Blonigen, David N. Figlio
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引用次数: 24

Abstract

The political economy of trade protection has long been of interest to economists and policy makers. The idea that levels of protection may be endogenous with trade flows has been a particularly important issue in the literature. In general, the endogenous protection literature postulates that import penetration will cause domestic interests to lobby more intensely for protection. Thus, higher levels of import penetration lead to increased protection. As a result, a number of papers (see, for example, Arye L. Hillman, 1982; Wolfgang Mayer, 1984; Robert E. Baldwin, 1985; Stephen P. Magee et al., 1989; Ronald D. Fischer, 1992) have established that foreign firms will import less under a regime of endogenous protection than one where the level of protection is exogenous to trade flows. On the empirical side, Daniel Trefler (1993) finds that ignoring the endogeneity of trade and protection understates the impact of U.S. protection on imports by a magnitude of ten… (This abstract was borrowed from another version of this item.)
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投票支持保护主义:外国直接投资是否影响立法者的行为?
贸易保护的政治经济学长期以来一直是经济学家和政策制定者感兴趣的问题。保护水平可能是贸易流动内生的这一观点在文献中一直是一个特别重要的问题。一般而言,内生保护文献假设进口渗透将导致国内利益集团更强烈地游说保护。因此,进口渗透程度越高,保护力度就越大。因此,一些论文(例如,参见Arye L. Hillman, 1982;沃尔夫冈·梅尔,1984;罗伯特·e·鲍德温,1985;Stephen P. Magee et al., 1989;罗纳德·d·费舍尔(Ronald D. Fischer, 1992)已经确定,在内生保护制度下,外国公司的进口会比保护水平对贸易流动是外生的制度下的进口少。在实证方面,丹尼尔·特雷弗勒(1993)发现,忽视贸易和保护的内生性,低估了美国保护对进口的影响,低估了10个数量级……(这一摘要来自本条目的另一个版本。)
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