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Desperation votes and private interests: an analysis of Confederate trade legislation

机译:绝望票和私人利益:同盟贸易立法分析

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摘要

The Confederate Congress passed draconian trade legislation in February 1864 to regulate the blockade running business in contrast to their free trade agenda. This legislation created higher prices and deadweight costs except in areas under Union control. We examine the series of votes and proposed amendments relating to the passage of this legislation and find that representatives were more likely to vote for trade regulations if their districts would be largely unaffected by the legislation, such as those districts under Union occupation. This private interest explanation provides a heretofore unexplored historical example of public choice theory under extreme conditions.
机译:同盟国会于1864年2月通过了严厉的贸易立法,以规范与自由贸易议程相反的封锁运行业务。这项立法造成了更高的价格和无谓的成本,除了在联盟控制下的地区。我们研究了与通过该立法有关的一系列投票和建议的修正案,发现如果代表所在的地区在很大程度上不受立法影响,例如工会占领下的地区,则代表更有可能投票赞成贸易法规。这种私人利益的解释为极端条件下的公共选择理论提供了一个迄今为止尚未探索的历史例子。

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