A smart political strategy to gain favor with politicians is to create jobs in their districts. Taking a page out of the Japanese auto industry’s book,
The US has updated their model Bilateral Investment Treaty (BIT). The US is especially rigid/shrewd negotiator using a pretty standardized BIT to open up markets for foreign investment. Here is a
I have a bunch of work in progress with Eddy Malesky (and one paper with Mariana Medina and Ugur Ozdemir) on the politics of offering financial incentives to attract investment. Our main argument is politicians use these incentives to claim credi
In the previous blog post I presented US survey results on public support for agriculture policy. I note that most American’s don’t know that US agriculture policy tends to be less generous than many other developed countries. Cross country comp
Recent debates on the US farm bill have me going back to some data I collected in 2010. Rather than discussing the details of the 1,000+ page farm bill, let’s ask a basic question. Who supports farm subsidies?