Trade Protection and the Role of Campaign Contributions in U.S. Food and Tobacco Industries
This article examines the determinants of both trade protection and campaign contributions for a sample of U.S. food and tobacco industries. Empirical findings indicate that, while market structure variables are significant, campaign contributions are the key factor in explaining the interindustry levels of trade barriers in those industries studied. Thus, regardless of industry characteristics, campaign contributions have a strong persuasive role, rather than the facilitative role that most previous studies suggest. Copyright 1996 by Oxford University Press.
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Volume (Year): 34 (1996)
Issue (Month): 2 (April)
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