Amy Pond
Texas A&M University
EconomicsInternational economicsExpropriationLiberalizationEconomic system
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Publications 8
#1Amy Pond (A&M: Texas A&M University)H-Index: 3
#2Christina Zafeiridou (Cornerstone Research)
#1Vincent Arel-Bundock (UdeM: Université de Montréal)H-Index: 3
#2Clint Peinhardt (UTD: University of Texas at Dallas)H-Index: 8
Last. Amy Pond (A&M: Texas A&M University)H-Index: 3
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When do governments impose costs on foreign firms? Many studies of foreign direct investment focus on incentives for government expropriation, but scholars are often forced to rely on indirect meas...
1 CitationsSource
Why are some countries more open to trade than others? Prominent explanations emphasize differences in the influence of voters as consumers. Consumers benefit from lower prices. Because governments in democracies are more responsive to voters, they should implement lower tariffs. We develop and evaluate an implication of this line of argument. If lower tariffs are a response to consumer interests, lower tariffs should be concentrated on products most relevant to consumers. Using data on consumpt...
2 CitationsSource
#1Amy Pond (A&M: Texas A&M University)H-Index: 3
This paper develops a formal model to disentangle the competing political incentives for redistribution, expropriation, and market openness. Although redistribution and expropriation are both types of government extraction, redistribution re†allocates wealth within the citizenry, while expropriation re†allocates wealth from citizens to the government. Representative political institutions increase redistribution and reduce expropriation. Market openness changes these incentives, as foreign i...
2 CitationsSource
#1Amy Pond (A&M: Texas A&M University)H-Index: 3
How do workers impact openness to international investment flows? This article distinguishes between two types of openness: openness to inflows and openness to outflows of investment. Workers benefit from inflow openness due to increases in wages, productivity, and efficiency and due to reductions in borrowing costs, which are associated with investment inflows. Workers are hurt by outflow openness, as investors gain investment options, and therefore bargaining power, when outflows are permitted...
5 CitationsSource
Why do autocratic rulers liberalize financial markets? This article shows how autocrats use financial liberalization for two distinct purposes. First, autocrats may use liberalization to bolster the economy, making revolution less attractive to the political opposition and stabilizing the autocracy. Second, when stabilization of the autocracy is too costly, autocrats may use liberalization to make assets more mobile. Mobility provides elite asset owners with external investment options, which li...
9 CitationsSource
#1Amy Pond (A&M: Texas A&M University)H-Index: 3
How do the distributional consequences of economic sanctions impact future trade policy? Regardless of whether sanctions are effective in achieving concessions, sanctions restrict international trade flows, creating rents for import-competing producers, who are protected from international competition. These rents can then be used to pressure the government to implement protectionist policies. Thus, while the lifting of sanctions directly facilitates some international transactions, sanctions al...
6 CitationsSource