The Political Economy of U.S. Tariffs - 1st Edition - ISBN: 9780124387409, 9781483271231

The Political Economy of U.S. Tariffs

1st Edition

An Empirical Analysis

Authors: Réal P. Lavergne
Editors: Karl Shell
eBook ISBN: 9781483271231
Imprint: Academic Press
Published Date: 28th January 1983
Page Count: 224
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Description

The Political Economy of U.S. Tariffs: An Empirical Analysis provides information pertinent to the political economy of trade barriers. This book discusses the cross-sectional regression analysis across industries to understand why some industries have been more privileged than others.

Organized into seven chapters, this book begins with an overview of the structure of protection and identifies the primary actors or principles that condition the formation of trade policy more generally. This text then evaluates the institutional and theoretical reasons why political leverage should not be expected to play a significant role in explaining tariffs. Other chapters consider the notion that the structure of protection at any point in time represents some sort of equilibrium. This book discusses as well the distinction between nominal and effective tariffs. The final chapter deals with individual regressors and groups of regressors.

This book is a valuable resource for economists and specialists in quantitative analysis.

Table of Contents


Preface


1 Introduction


I. Interest and Nature of the Subject Matter


II. Previous Work


2 Theoretical and Institutional Aspects of Tariff Policy


I. An Economic Model of Decision-Making by Politicians


II. The Role of Pressure Groups


III. Response to Pressure


IV. Remaining Pressure Points


V. Conclusion


Appendix: The Trade Agreements Program


3 Equilibrium, Continuity, and Change in the Tariff Structure


I. Introduction


II. The Equilibrium Approach


III. Problems with the Equilibrium Approach


IV. Implications for Empirical Research


4 Measures of Protection


I. Nominal and Effective Tariffs


II. Possible Use of Input Duties as a Regressor


III. Nominal and Effective Tariffs: A Corollary


IV. Nontariff Barriers


V. Summary


Data Appendix: Sources and Details of Tariff and NTB Data


5 The Comparative Disadvantage Variables


I. Introduction


II. Hypothesized Relationship Between Tariffs and Comparative Disadvantage


III. Previous Work


IV. Measurement


V. Summary


Appendix: Tariffs, Rents, and Quasi-Rents


6 Other Hypotheses and Variables


I. Tariffs and Pressure Groups


II. Displacement Costs


III. Tariffs as a Product of International Negotiation


IV. Tariff Structure as a Remnant from the Past


V. Tariffs and the Public Interest


VI. Summary of Variables


Data Appendix: Sources and Details of Exogenous Variables


7 Empirical Results


I. Introduction


II. The Explanatory Power of the Model


III. Interest Groups


IV. Displacement Costs


V. Com

Details

No. of pages:
224
Language:
English
Copyright:
© Academic Press 1983
Published:
Imprint:
Academic Press
eBook ISBN:
9781483271231

About the Author

Réal P. Lavergne

About the Editor

Karl Shell

Affiliations and Expertise

Cornell University

Ratings and Reviews