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Privileging Industry Fiona McGillivray

Privileging Industry By Fiona McGillivray

Privileging Industry by Fiona McGillivray


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Summary

Shows why aiding an industry can be a politically efficient way for a government to redistribute resources from one industrial sector to another. This book explores how electoral rules, party strength, and industrial geography affect redistribution politics across countries.

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Privileging Industry Summary

Privileging Industry: The Comparative Politics of Trade and Industrial Policy by Fiona McGillivray

Why do some industries win substantial protection from the whims of international trade while others do not? Privileging Industry challenges standard approaches to this question in its examination of when governments use trade and industrial policy for political goals. Fiona McGillivray shows why aiding an industry can be a politically efficient way for a government to redistribute resources from one industrial sector to another. Taking a comparative perspective that stands in contrast with the usual focus on U.S. trade politics, she explores, for example, how electoral rules, party strength, and industrial geography affect redistribution politics across countries. How do political institutions and the geographical dispersion of industries interact to determine which industries governments privilege? What tests can assess how governments distribute assistance across industries? Research has focused on the industries that legislators want to protect, but just as important is identifying those legislators able to deliver trade assistance. Assisting an industry requires both a will and a means. Whether an industry is a good vehicle through which to redistribute income depends on its geographic make-up and the country's electoral system. In turn, the electoral system and party strength affect how legislators' preferences contribute to policy. McGillivray tests these arguments using a tariff-based empirical test and nonstandard dependent variables such as the dispersion of stock prices within fourteen different capital markets, and government influence in the targeting of plant closures within declining industries.

Privileging Industry Reviews

Winner of the 2005 William H. Riker Book Award, Political Economy Section of the American Political Science Association

About Fiona McGillivray

Fiona McGillivray is Assistant Professor of Politics at New York University.

Table of Contents

List of Figures ix List of Tables xi Acknowledgments xiii Chapter 1. Redistributive Politics 1 Chapter 2. Who Are the Decision Makers and What Motivates Them? 39 Chapter 3. Party Strength as a Determinant of Industry Tariffs 73 Chapter 4. Restructuring and Redistribution in the Steel Industry 91 Chapter 5. Redistributive Politics and Industry Stock Prices 119 Chapter 6. A Theory and Direction for Future Research 152 Notes 165 References 185 Index 201

Additional information

CIN0691027706G
9780691027708
0691027706
Privileging Industry: The Comparative Politics of Trade and Industrial Policy by Fiona McGillivray
Used - Good
Paperback
Princeton University Press
20040314
224
Winner of American Political Science Association Qualitative & Multi-Method Research: Giovanni Sartori Award 2005
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

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