Trade, turnover, and tithing

• 成果类型: Article
• 署名作者: Magee, CSP; Davidson, C; Matusz, SJ
• 署名单位: Michigan State University; Bucknell University; University of Nottingham
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2004.04.002
• 发表日期: 2005
• 页码: 157-176
• 关键词: trade preferences; trade and wages; Campaign Contributions; Stolper-Samuelson; specific factors

摘要

This paper examines the hypothesis that turnover affects trade preferences. High turnover industries are similar to the Stolper-Sarnuelson assumption of perfect factor mobility, so factor of production drives trade preferences. Among low turnover industries, as in the specific factors model, net export position determines trade preferences. We show that PAC contribution patterns are consistent with this hypothesis. In high turnover industries, capital groups give significantly larger shares of their campaign contributions to free trade supporters than labor groups do. Among low turnover industries, on the other hand, exporting and import-competing groups differ significantly in their financial support for free traders. (c) 2004 Elsevier B.V All rights reserved.