Protection for Free? : The Political Economy of U.S. Tariff suspensions /

This paper studies the political influence of individual firms on Congressional decisions to suspend tariffs on U.S. imports of intermediate goods. We develop a model in which firms influence the government by transmitting information about the value of protection, via costless messages (cheap-talk)...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Mishra, Prachi
Weitere Verfasser: Ludema, Rodney D., Mayda, Anna Maria
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2010.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2010/211
Online Zugang:Full text available on IMF
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100 1 |a Mishra, Prachi. 
245 1 0 |a Protection for Free? :   |b The Political Economy of U.S. Tariff suspensions /  |c Prachi Mishra, Rodney D. Ludema, Anna Maria Mayda. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2010. 
300 |a 1 online resource (48 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper studies the political influence of individual firms on Congressional decisions to suspend tariffs on U.S. imports of intermediate goods. We develop a model in which firms influence the government by transmitting information about the value of protection, via costless messages (cheap-talk) and costly messages (lobbying). We estimate our model using firm-level data on tariff suspension bills and lobbying expenditures from 1999-2006, and find that indeed verbal opposition by import-competing firms, with no lobbying, significantly reduces the probability of a suspension being granted. In addition, lobbying expenditures by proponent and opponent firms sway this probability in opposite directions. 
538 |a Mode of access: Internet 
700 1 |a Ludema, Rodney D. 
700 1 |a Mayda, Anna Maria. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2010/211 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2010/211/001.2010.issue-211-en.xml  |z IMF e-Library