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- W380531636 abstract "The neoclassical trade model has notoriously been unable to empirically predict trade flows throughout the world, however there has been a notion that the same theories and predictions could also be applied to democratic voting on free trade legislation. Using roll-call votes on three 2011 United States bilateral trade agreements with Colombia, Panama, and South Korea, respectively, a simple empirical model based on the neoclassical concepts, specifically the Heckscher-Ohlin and Stolper-Samuelson corollary theorems, is outlined. After an analysis using a logit estimation method, it is revealed that there is conflicting evidence whether the voting on the 2011 free trade agreements follow the initial predictions given by the model, indicating that the representatives did not explicitly take into account district skill level while voting. However, the results do support that there is certainly a driving factor within the industrial composition of the district, as well as key political and economic components that help explain the voting behavior of Congress. The author would like to thank Bruce Wydick and Hartmut Fischer for being advisors to this thesis project, along with Elizabeth Katz, Alessandra Cassar and Suparna Chakraborty for valuable advice and feedback. A special thanks to the U.S. Coalition of Service Industries for allowing access to resources during research conducted in Washington D.C. during the summer of 2012. The comments and input on the preliminary draft of this paper from the participants at the 2013 Pacific Conference for Development Economics and the 2013 USF Graduate Seminar are also greatly appreciated. Grant funding from the USF Professor Fischer Faculty Development Research Fund is gratefully acknowledged." @default.
- W380531636 created "2016-06-24" @default.
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- W380531636 date "2013-01-01" @default.
- W380531636 modified "2023-09-27" @default.
- W380531636 title "Can Neoclassical Trade Theory Explain Congressional Voting" @default.
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