Commercial Imperialism? Political Influence and Trade During the Cold War

成果类型:
Article
署名作者:
Berger, Daniel; Easterly, William; Nunn, Nathan; Satyanath, Shanker
署名单位:
University of Essex; New York University; Harvard University; New York University
刊物名称:
AMERICAN ECONOMIC REVIEW
ISSN/ISSBN:
0002-8282
DOI:
10.1257/aer.103.2.863
发表日期:
2013
页码:
863-896
关键词:
comparative advantage empirical-analysis COVERT ACTION DEMOCRACY ECONOMY gravity STATES POLICY
摘要:
We provide evidence that increased political influence, arising from CIA interventions during the Cold War, was used to create a larger foreign market for American products. Following CIA interventions, imports from the US increased dramatically, while total exports to the US were unaffected. The surge in imports was concentrated in industries in which the US had a comparative disadvantage, not a comparative advantage. Our analysis is able to rule out decreased trade costs, changing political ideology, and an increase in US loans and grants as alternative explanations. We provide evidence that the increased imports arose through direct purchases of American products by foreign governments.