The Leading eBooks Store Online 4,272,009 members ⚫ 1,419,367 ebooks

New to eBooks.com?

Learn more

Protection for Free? The Political Economy of U.S. TariffSuspensions

Protection for Free? The Political Economy of U.S. TariffSuspensions by Prachi Mishra
Buy this eBook
US$ 9.00
(If any tax is payable it will be calculated and shown at checkout.)
This paper studies the political influence of individual firms on Congressional decisions to suspend tariffs on U.S. imports of intermediate goods. We develop a model in which firms influence the government by transmitting information about the value of protection, via costless messages (cheap-talk) and costly messages (lobbying). We estimate our model using firm-level data on tariff suspension bills and lobbying expenditures from 1999-2006, and find that indeed verbal opposition by import-competing firms, with no lobbying, significantly reduces the probability of a suspension being granted. In addition, lobbying expenditures by proponent and opponent firms sway this probability in opposite directions.
International Monetary Fund; September 2010
48 pages; ISBN 9781455288922
Read online, or download in secure EPUB or secure PDF format
Title: Protection for Free? The Political Economy of U.S. TariffSuspensions
Author: Prachi Mishra; Rodney D. Ludema; Anna Maria Mayda
 
ISBNs
1455288926
9781455204540
9781455205424
9781455288922