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FOREIGN LOBBYING IN THE U.S. - A LATIN AMERICAN PERSPECTIVE

The following paper purports to analyzing the nature of lobbying by Latin American, and to some extent, Caribbean countries and its impact on trade policy formation in the U.S. from 1990 to 2000. In line with recent literature, which endogenizes lobbying as a function of policy making, we derive a highly significant relationship between the degree of marginal lobbying for export promotion, on the one hand, and the first moment of changes in export and import growth by Latin American and Caribbean countries. Despite the data limitations involved in the two-stage least-squares regression model used in the course of this paper, we confidently derive robust estimates to support viable recommendations as to the implementation of sustainable lobbying policy in the U.S.