The Stolper-Samuelson Theorem Faces Congress
AbstractThe factor-industry detachment corollary of the Stolper-Samuelson theorem predicts that the economic interests of trade policy are independent of industry and depend only on the type of factor ownership. This paper examines whether congressional voting patterns on trade policy are determined by the factor endowment of the constituency or by its industrial composition. The industry model of trade policy determination is not rejected by the empirical tests while the results for the factor model are ambiguous. This provides evidence that the literature examining congressional voting patterns on broad-based trade policy should re-evaluate the maintained assumption that factors do not matter. Copyright 2002 by Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of International Economics.
Volume (Year): 10 (2002)
Issue (Month): 2 (May)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0965-7576
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- Baban Hasnat & Charles Callahan, III, 2004. "The Determinants of US Congressional Voting on the Trade and Development Act of 2000," International Journal of Business and Economics, College of Business, and College of Finance, Feng Chia University, Taichung, Taiwan, vol. 3(1), pages 35-44, April.
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- Miaojie Yu, 2005. "Impact of U.S. Tariffs on Democratic Vote Share," International Trade 0511001, EconWPA.
- Bruce Blonigen, 2008. "New Evidence on the Formation of Trade Policy Preferences," NBER Working Papers 14627, National Bureau of Economic Research, Inc.
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