PROTECTIONIST PRESSURES AND AGGREGATE ECONOMIC CONDITIONS: COMMENT ON TAKACS

Susan K. Feigenbaum · HENRY ORTIZ · Thomas D. Willett

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Global trade and economics World Trade Organization Law Economic, financial, and policy analysis

Abstract

This paper explores the influence of U. S. macroeconomic conditions and the international trade position on protectionist pressures as measured by escape clause cases brought before the International Trade Commission. Several possible difficulties with Takacs' pioneering empirical study of this topic are considered. It is argued that while further support is found for her principal conclusion that the state of the domestic economy is a significant determinant of such protectionist pressures, the quantitative strength of such aggregate factors is less than was suggested by Takacs' original study.

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References

1984Declining Industries and Political-Support Protectionist Motives: Errata 2008Declining Industries and Political-Support Protectionist Motives 1981PRESSURES FOR PROTECTIONISM: AN EMPIRICAL ANALYSIS 1986Exchange Rates, Trade and the U. S. Economy

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1989Domestic Political Preconditions of US Trade Policy: Liberal Structure and Protectionist Dynamics 2003Institutional changes and antidumping decisions in the United States

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