Did Trump’s trade war impact the 2018 election?

IF 3.8 1区 经济学 Q1 ECONOMICS Journal of International Economics Pub Date : 2024-01-18 DOI:10.1016/j.jinteco.2024.103891
Emily J. Blanchard , Chad P. Bown , Davin Chor
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Abstract

We uncover evidence that the US–China trade war was consequential for voting outcomes in the 2018 congressional midterm election. Republican House candidates lost support in counties more exposed to tariff retaliation, but saw no appreciable gains in counties that received more direct US tariff protection. The electoral losses were only modestly mitigated by the US agricultural subsidies announced in summer 2018. Republicans also fared worse in counties that had seen recent gains in health insurance coverage (where efforts to repeal the Affordable Care Act may have been more consequential), and where a new federal cap on state and local tax (SALT) deductions disadvantaged more taxpayers. Counterfactual calculations suggest that Republicans would have lost ten fewer House seats absent the trade war, in a similar range to either health care or SALT policies in the number of lost seats it can account for.

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特朗普的贸易战是否影响了 2018 年大选?
我们发现了中美贸易战对 2018 年国会中期选举投票结果产生影响的证据。共和党众议院候选人在更容易受到关税报复影响的县失去了支持,但在更直接受到美国关税保护的县却没有明显增加。美国在 2018 年夏季宣布的农业补贴仅适度缓解了选举损失。共和党在医疗保险覆盖率近期有所提高(在这些地区,废除《平价医疗法案》的努力可能会产生更大的影响),以及联邦对州和地方税(SALT)扣除额新设上限使更多纳税人处于不利地位的县的表现也较差。反事实计算表明,如果不发生贸易战,共和党失去的众议院席位将减少 10 个,其损失的席位数与医疗保健或 SALT 政策损失的席位数相近。
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来源期刊
CiteScore
5.80
自引率
6.10%
发文量
98
期刊介绍: The Journal of International Economics is intended to serve as the primary outlet for theoretical and empirical research in all areas of international economics. These include, but are not limited to the following: trade patterns, commercial policy; international institutions; exchange rates; open economy macroeconomics; international finance; international factor mobility. The Journal especially encourages the submission of articles which are empirical in nature, or deal with issues of open economy macroeconomics and international finance. Theoretical work submitted to the Journal should be original in its motivation or modelling structure. Empirical analysis should be based on a theoretical framework, and should be capable of replication.
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