Is Trade Policy for Sale? Congressional Voting on Recent Trade Bills / Robert E. Baldwin, Christopher S. Magee.

Format:

Book

Author/Creator:

Baldwin, Robert E.

Contributor:

National Bureau of Economic Research.

Magee, Christopher S.

Series:

Working Paper Series (National Bureau of Economic Research) no. w6376.

NBER working paper series no. w6376

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1998.

Summary:

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 recnet political economy models of trade policy and then presenting a brief legislative history of the three bills, use these models to formulate an empirical specification of political behavior. In our empirical tests, we find evidence that campaign contributions given be political action committees influenced legislators' votes on both the NAFTA and GATT bills. Contributions from labor groups were associated with votes against freer trade, while contributions from business groups were associated with votes in favor of freer trade. We also find that the broad policy views of the legislators, industry employment in each member's state or congressional district, and general economic conditions in the district or state affected voting on the trade bills.

Notes:

Print version record

January 1998.