Economists in congress: how economic education motivates votes on free trade in congress
In 2005 the U.S. Congress passed the Central American Free Trade Agreement (CAFTA), causing the immediate elimination of tariffs on goods traded between the member nations. In the mold of the literature studying the pattern of voting in Congress, this paper attempts to understand why a member of Con...
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Published in | The Journal of private enterprise Vol. 27; no. 2; p. 83 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Martin
Association of Private Enterprise Education
22.03.2012
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Subjects | |
Online Access | Get full text |
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Summary: | In 2005 the U.S. Congress passed the Central American Free Trade Agreement (CAFTA), causing the immediate elimination of tariffs on goods traded between the member nations. In the mold of the literature studying the pattern of voting in Congress, this paper attempts to understand why a member of Congress would have supported the CAFTA legislation. We run a probit model of voting including a measure of undergraduate college major in the analysis. The findings indicate that those who majored in economics are systematically more likely than any other college major classification to vote in favor of this free trade agreement. |
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ISSN: | 0890-913X |