Back to Search Start Over

Using state-level simulations in a political economy model of US trade policy.

Authors :
Arce, Hugh
Koopman, Robert
Tsigas, Marinos
Source :
Public Choice; Jun2008, Vol. 135 Issue 3/4, p91-107, 17p, 5 Charts
Publication Year :
2008

Abstract

Most analyses of US congressional votes on trade policy identify political and economic factors, and general economic conditions as significant factors. In this paper we examine whether simulated state-level impacts of trade policy changes obtained from an applied general equilibrium model explain recent US Senate votes on trade bills. We find that simulated gross state product effects are good predictors of recent trade-policy votes. Our model-based measures of trade sensitivity perform slightly better in statistical terms than the more traditional economic measures. For the Senate as a whole, import considerations have a larger impact on senate voting than export considerations. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00485829
Volume :
135
Issue :
3/4
Database :
Complementary Index
Journal :
Public Choice
Publication Type :
Academic Journal
Accession number :
31736805
Full Text :
https://doi.org/10.1007/s11127-007-9240-3