This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Log-Rolling and Economic Interests in the Passage of the Smoot-Hawley Tariff

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Douglas A. Irwin
Randall S. Kroszner

Additional information is available for the following registered author(s):

Abstract

We analyze Senate roll-call votes concerning tariffs on specific goods in order to understand the economic and political factors influencing the passage of the Smoot-Hawley Tariff Act of 1930. Contrary to recent studies emphasizing the partisan nature of the Congressional votes, our reading of the debates in the Congressional Record suggests that the final, party-line voting masks a rich vote- trading dynamic. We estimate a logit model of specific tariff votes that permits us to identify (a) important influences of specific producer beneficiaries in each Senator's constituency and (b) log- rolling coalitions among Senators with otherwise unrelated constituency interests which succeeded in raising tariff rates.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.nber.org/papers/w5510.pdf
File Format: application/pdf
File Function:
Download Restriction: Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 5510.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation: Mar 1996
Date of revision:
Handle: RePEc:nbr:nberwo:5510

Note: ITI DAE
Contact details of provider:
Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Phone: 617-868-3900
Email:
Web page: http://www.nber.org
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: ().

Related research
Keywords:

Other versions of this item:

Find related papers by JEL classification:
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Kalt, Joseph P & Zupan, Mark A, 1984. "Capture and Ideology in the Economic Theory of Politics," American Economic Review, American Economic Association, vol. 74(3), pages 279-300, June. [Downloadable!] (restricted)
  2. Meltzer, Allan H., 1976. "Monetary and other explanations of the start of the great depression," Journal of Monetary Economics, Elsevier, vol. 2(4), pages 455-471, November. [Downloadable!] (restricted)
  3. Douglas A. Irwin, 1996. "The Smoot-Hawley Tariff: A Quantitative Assessment," NBER Working Papers 5509, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Barry Eichengreen, 1986. "The Political Economy of the Smoot-Hawley Tariff," NBER Working Papers 2001, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Stratmann, Thomas, 1995. "Logrolling in the U.S. Congress," Economic Inquiry, Oxford University Press, vol. 33(3), pages 441-56, July.
  6. Peltzman, Sam, 1984. "Constituent Interest and Congressional Voting," Journal of Law & Economics, University of Chicago Press, vol. 27(1), pages 181-210, April.
  7. Peltzman, Sam, 1985. "An Economic Interpretation of the History of Congressional Voting in the Twentieth Century," American Economic Review, American Economic Association, vol. 75(4), pages 656-75, September.
  8. Callahan, Colleen M. & McDonald, Judith A. & O'Brien, Anthony Patrick, 1994. "Who Voted For Smoot-Hawley?," The Journal of Economic History, Cambridge University Press, vol. 54(03), pages 683-690, September. [Downloadable!]
  9. Hayford, Marc & Pasurka, Carl Jr., 1992. "The political economy of the Fordney-McCumber and Smoot-Hawley tariff acts," Explorations in Economic History, Elsevier, vol. 29(1), pages 30-50, January. [Downloadable!] (restricted)
  10. Stratmann, Thomas, 1992. "The Effects of Logrolling on Congressional Voting," American Economic Review, American Economic Association, vol. 82(5), pages 1162-76, December. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Mario J. Crucini & James Kahn, 2003. "Tariffs and the Great Depression Revisited," Working Papers 0316, Department of Economics, Vanderbilt University. [Downloadable!]
    Other versions:
  2. Douglas A. Irwin, 1997. "From Smoot-Hawley to Reciprocal Trade Agreements: Changing the Course of U.S. Trade Policy in the 1930s," NBER Working Papers 5895, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Pierre-Olivier Peytral, 2004. "Economie politique de la politique d'ouverture commerciale mixte : interactions entre les groupes sociaux et l'Etat," Post-Print halshs-00104875_v1, HAL. [Downloadable!]
  4. Clifford G. Holderness & Randall S. Kroszner & Dennis P. Sheehan, 1998. "Were the Good Old Days That Good? Changes in Managerial Stock Ownership Since the Great Depression," NBER Working Papers 6550, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Michael Mussa, 2000. "Factors driving global economic integration," Proceedings, Federal Reserve Bank of Kansas City, pages 9-55. [Downloadable!]
Statistics
Access and download statistics

Did you know? Over 80% of the top 1000 economists are registered on RePEc.

This page was last updated on 2009-11-25.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.