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Economic Interests and Voting on the Omnibus Trade Bill of 1987

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  • Marks, Stephen V

Abstract

This paper presents an econometric analysis of the votes on five pivotal amendments to the omnibus foreign trade bills of the U.S. House and Senate in 1987. Probit estimation is used to identify the relationships between geographic variations in employment in trade-sensitive industries and congressional voting on changes in foreign trade policy procedures. The implied.pattern of expected net benefits for the industries from the five amendments is highly consistent with qualitative evidence on the costs and benefits at stake. Two general conclusions stand out: (1) procedural foreign trade policy proposals can have very specific beneficiaries; (2) diffuse export interests can be influential in opposition to procedural protectionism. Copyright 1993 by Kluwer Academic Publishers

Suggested Citation

  • Marks, Stephen V, 1993. "Economic Interests and Voting on the Omnibus Trade Bill of 1987," Public Choice, Springer, vol. 75(1), pages 21-42, January.
    • Handle: RePEc:kap:pubcho:v:75:y:1993:i:1:p:21-42
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    Cited by:

    1. Giovanni Facchini & Tommaso Frattini & Cora Signorotto, 2013. "Mind What Your Voters Read: Media Exposure and International Economic Policy Making," Development Working Papers 358, Centro Studi Luca d'Agliano, University of Milano.
    2. Stephen Ansolabehere & John M. de Figueiredo & James M. Snyder Jr, 2003. "Why is There so Little Money in U.S. Politics?," Journal of Economic Perspectives, American Economic Association, vol. 17(1), pages 105-130, Winter.
    3. Timini, Jacopo, 2020. "Staying dry on Spanish wine: The rejection of the 1905 Spanish-Italian trade agreement," European Journal of Political Economy, Elsevier, vol. 63(C).
    4. Eline Poelmans & John A. Dove & Jason E. Taylor, 2018. "The politics of beer: analysis of the congressional votes on the beer bill of 1933," Public Choice, Springer, vol. 174(1), pages 81-106, January.

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