Trade Policy and Antitrust: Do Consumers Matter to Legislators?
AbstractWe provide one of the first efforts to measure the importance of consumer preferences in legislators’ trade policy decisions by estimating the degree to which the level of antitrust enforcement in the legislator’s state impacts his or her vote on free trade agreements. To the extent that antitrust and trade liberalization are both viewed as proconsumer in nature, we would expect to see a positive relationship between antitrust enforcement in their legislative district and Congressional votes in support of trade liberalization. We find evidence suggesting that consumer preferences do play a role in legislative decisions on trade policy.
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Bibliographic InfoPaper provided by American University, Department of Economics in its series Working Papers with number 2008-14.
Date of creation: Nov 2010
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Web page: http://www.american.edu/cas/economics/
Free Trade Agreements; Competition Policy; Antitrust; Voting;
Other versions of this item:
- Robert M. Feinberg & Thomas A. Husted & Kara M. Reynolds, 2011. "Trade Policy and Antitrust: Do Consumers Matter to Legislators?," Review of International Economics, Wiley Blackwell, vol. 19(3), pages 525-538, 08.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- L4 - Industrial Organization - - Antitrust Issues and Policies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-11-04 (All new papers)
- NEP-COM-2008-11-04 (Industrial Competition)
- NEP-IND-2008-11-04 (Industrial Organization)
- NEP-INT-2008-11-04 (International Trade)
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