Governments of the Left and Openness to Imports
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James M. Lutz
Developed countries have provided different levels of protection to domestic economic sectors facing competition from imports. An analysis of the effective levels of protection in place in 19 developed, democratic countries found that from the 1970s to the beginning of the 21st century, higher levels of protection were present in countries where parties of the left had a greater proportion of the seats in the national legislature. These results indicate that parties of the left were more likely to guard against import competition. After 2004, however, this link disappeared, perhaps reflecting the disruptive effects of the terrorist attacks of 9/11 and the global recession that began a few years later.
©2012 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Article
- How do International Financial Flows to Developing Countries Respond to Natural Disasters?
- The Impact of the Movement of Labour: Results from a Model of Bilateral Migration Flows
- The Impact of Chinese Purchases of U.S. Government Debt on the Treasury Yield Curve
- Governments of the Left and Openness to Imports
- What's New in Our World?
- International Financial Integration, Investment and Economic Performance in Sub-Saharan African Countries
- Greece's "Unpleasant Arithmetic" Containing the Threat to the Global Economy
- The Impacts of Trade Liberalisation and Technological Change on GDP Growth in Indonesia: A Meta Regression Analysis
- Growth Diagnostics: The Puzzle of Pakistan's Lagging Economic Growth
