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What Determined 2015 TPA Voting Pattern?: The Role of Trade Negotiating Objectives

dc.contributor.authorYeo Joon Yoon
dc.contributor.authorWoong Lee
dc.date.accessioned2018-03-05T19:53:21Z
dc.date.available2018-03-05T19:53:21Z
dc.date.issued2017-12-27
dc.identifier.urihttp://hdl.handle.net/11540/7937
dc.description.abstractThis paper analyzes 2015-TPA voting patterns in the Congress in the context of the trade negotiating objectives. By setting the trade negotiating objectives, the Congress lays out important trade agenda that the Administration is expected to address when it is negotiating trade deals with foreign countries. Therefore setting the objectives is subject of heated debates in the Congress and an important part of TPA. LPM and probit models are used to evaluate the importance of each trade negotiating objectives in 2015-TPA voting decisions. It turns out that the objective on promoting U.S. agricultural exports by reducing unfair trade barriers positively affected the voting decision in favor of the TPA. The objective on enforcing strong labor standards on trade partners also had significant impacts. One other notable result is that how much each congressional region export to China was also an important determinant. This variable is meant to capture several negotiating objectives as well as growing worries of large trade deficits with China. This study documents important issues that U.S. Congress is concerned about in making conducting and implementing trade policies. It may provide insights into the future course of U.S. trade policy and trade deals such as renegotiation of NAFTA and Korea-US FTA.
dc.languageEnglish
dc.publisherKorea Institute for International Economic Policy
dc.titleWhat Determined 2015 TPA Voting Pattern?: The Role of Trade Negotiating Objectives
dc.typeWorking Papers
dc.subject.expertEconomic planning
dc.subject.expertEconomic structure
dc.subject.expertGrowth policy
dc.subject.expertTrade relations
dc.subject.expertTrade policy
dc.subject.expertTrade policy
dc.subject.expertEconomic development
dc.subject.expertEconomies in transition
dc.subject.expertInternational economy
dc.subject.expertBorder integration
dc.subject.expertEconomic integration
dc.subject.expertGross domestic product
dc.subject.expertTrade policy
dc.subject.adbFree Trade
dc.subject.adbTrade Facilitation
dc.subject.adbTrade
dc.subject.adbEconomic integration
dc.subject.adbRegional Economic Integration
dc.subject.adbIntraregional Trade
dc.subject.adbMacroeconomic
dc.subject.adbMacroeconomic Analysis
dc.subject.adbMacroeconomic Framework
dc.subject.adbMacroeconomic Models
dc.subject.adbMacroeconomic Performance
dc.subject.adbMacroeconomic Planning
dc.subject.adbMacroeconomic Policies
dc.subject.adbMacroeconomic Reform
dc.subject.adbMacroeconomic Stabilization
dc.subject.naturalRegional economics
dc.subject.naturalEconomic forecasting
dc.subject.naturalEconomic development projects
dc.subject.naturalSuccess in business
dc.subject.naturalBusiness
dc.subject.naturalFree trade
dc.subject.naturalBusiness
dc.subject.naturalEconomics
dc.subject.naturalCommunication in economic development
dc.subject.naturalRestraint of trade
dc.subject.naturalInternational economic integration
dc.subject.naturalTrade blocs
dc.subject.naturalEast-West
dc.title.seriesKIEP Working Paper
dc.title.volume17-08
dc.contributor.imprintKorea Institute for International Economic Policy
oar.themeTrade
oar.themeEconomics
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
dc.identifier.printisbn978-89-322-4274-3
oar.identifierOAR-007532
oar.authorYoon, Yeo Joon
oar.authorLee, Woong
oar.importTRUE
oar.googlescholar.linkpresenttrue


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