Trade, Turnover, and Tithing

Christopher Magee, Carl Davidson () and Steven Matusz
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Christopher Magee: Bucknell University

International Trade from University Library of Munich, Germany

Abstract: This paper examines the hypothesis that turnover affects trade preferences. High turnover industries are similar to the Stolper- Samuelson assumption of perfect factor mobility, so factor of production drives trade preferences. Among low turnover industries, as in the specific factors model, net export position determines trade preferences. We show that PAC contribution patterns are consistent with this hypothesis. In high turnover industries, capital groups give significantly larger shares of their campaign contributions to free trade supporters than labor groups do. Among low turnover industries, on the other hand, exporting and import-competing groups differ significantly in their financial support for free traders.

Keywords: Trade Preferences; Trade and Wages; Campaign Contributions; Stolper-Samuelson; Specific Factors (search for similar items in EconPapers)
JEL-codes: F10 F11 F16 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2005-03-15
New Economics Papers: this item is included in nep-int
Note: Type of Document - pdf; pages: 34. 34 pages, PDF file
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Citations: View citations in EconPapers (9)

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Journal Article: Trade, turnover, and tithing (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpit:0503010

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