EconPapers    
Economics at your fingertips  
 

The Political Economy of the Tariff Cycle

James Cassing (), Timothy J. McKeown and Jack Ochs

American Political Science Review, 1986, vol. 80, issue 3, 843-862

Abstract: How can protectionism and “free†trade succeed one another? Our answer focuses on the changing balance of private actors' political demands. These actors acquire interests in tariff policies because their assets are spatially concentrated, and trade in these assets is subject to various limitations. Actors in regions experiencing no new investment in an established industry (“old†regions) have interests that sometimes differ from those in regions where there is new investment. We show that old regions have no reason to be involved in tariff politics at business cycle peaks; during troughs, whether a state becomes more or less protectionist depends, ceteris paribus, on the relative political strength of old import-competing and old exporting interests. If old import-competing industries outweigh the old exporters, then protection will tend to increase at the trough and decrease at the peak of a business cycle; the opposite result occurs when old exporters are more influential.

Date: 1986
References: Add references at CitEc
Citations: View citations in EconPapers (20) Track citations by RSS feed

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:apsrev:v:80:y:1986:i:03:p:843-862_18

Access Statistics for this article

More articles in American Political Science Review from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().

 
Page updated 2023-06-15
Handle: RePEc:cup:apsrev:v:80:y:1986:i:03:p:843-862_18