• Title of article

    How is U.S. trade policy towards China determined?: A political economic analysis illustrated by voting outcome of the PNTR bill

  • Author/Authors

    Wang، نويسنده , , Xiaosong and Li، نويسنده , , Kunwang and Xie، نويسنده , , Shenxiang and Hou، نويسنده , , Jack، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2013
  • Pages
    12
  • From page
    25
  • To page
    36
  • Abstract
    Utilizing a political economy approach towards trade policy formulation, we examine the case of how the U.S. House voted on the PNTR status for China. Our focus is to analyze the factors affecting the legislatorsʹ voting behavior and to deduce the rationale behind these factors. We find that the U.S. trade policies towards China represent a balanced equilibrium based on interactions between the government and special interest groups. The individual characteristics of the legislators were not important in the process. Predictions of neo-classical trade models regarding the attitudes of various groups on trade liberalization could not be fully validated in the voting outcome of the PNTR bill.
  • Keywords
    U.S. trade policy towards China , political contributions , Interest group , The PNTR bill
  • Journal title
    China Economic Review (Amsterdam
  • Serial Year
    2013
  • Journal title
    China Economic Review (Amsterdam
  • Record number

    2262792