The Political Economy Of Us Tariffs

Download or read book The Political Economy of U.S. Tariffs written by Réal P. Lavergne and published by Elsevier. This book was released on 2014-05-12 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.