Understanding the Clayton Act of 1914: An Analysis of the Interest Group Hypothesis Export

@article{citeulike:5845037, abstract = {The trusts issue culminated in the passage of the Clayton Act in 1914, which conventional wisdom holds was a response to the perceived ineffectiveness of the Sherman Antitrust Act of 1890. Using ordered and multinomial logit analysis, we were able to detect economic interest variables that explain the senators' votes. The empirical findings strongly support the wealth transfer hypothesis, and the regression results clearly show that senators responded to interest groups. While we also found some support for the ideological perspective, it is clear that there was much more to the vote than the conventional story would suggest.}, author = {Ramirez, Carlos D. and Zucchi, Christian E.}, citeulike-article-id = {5845037}, citeulike-linkout-0 = {http://dx.doi.org/10.2307/30026190}, citeulike-linkout-1 = {http://www.jstor.org/stable/30026190}, doi = {10.2307/30026190}, issn = {00485829}, journal = {Public Choice}, keywords = {macroeconomics}, number = {1/2}, pages = {157--181}, posted-at = {2009-09-27 03:40:38}, priority = {2}, publisher = {Springer}, title = {Understanding the Clayton Act of 1914: An Analysis of the Interest Group Hypothesis}, url = {http://dx.doi.org/10.2307/30026190}, volume = {106}, year = {2001} }

TY - JOUR ID - citeulike:5845037 L3 - citeulike-article-id:5845037 N2 - The trusts issue culminated in the passage of the Clayton Act in 1914, which conventional wisdom holds was a response to the perceived ineffectiveness of the Sherman Antitrust Act of 1890. Using ordered and multinomial logit analysis, we were able to detect economic interest variables that explain the senators' votes. The empirical findings strongly support the wealth transfer hypothesis, and the regression results clearly show that senators responded to interest groups. While we also found some support for the ideological perspective, it is clear that there was much more to the vote than the conventional story would suggest. IS - 1/2 JF - Public Choice SN - 00485829 EP - 181 TI - Understanding the Clayton Act of 1914: An Analysis of the Interest Group Hypothesis PB - Springer VL - 106 SP - 157 KW - macroeconomics AU - Ramirez, Carlos AU - Zucchi, Christian PY - 2001/// UR - http://dx.doi.org/10.2307/30026190 ER -