Vote-seeking incentives and investment environments: The need for credit claiming and the provision of protectionism |
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Authors: | Brian F Crisp Nathan M Jensen Guillermo Rosas Thomas Zeitzoff |
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Institution: | 1. Department of Political Science, Washington University, St. Louis, MO, USA;2. Department of Political Science, New York University, NY, USA |
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Abstract: | Incentives to cultivate a personal reputation encourage legislators to generate policy outcomes for which they can claim credit. We show that these incentives make themselves felt in international agreements – a domain that might typically be considered within the purview of the executive branch. Through a cross-national analysis and brief case studies, we show that countries with electoral systems that encourage personal vote seeking are more likely to negotiate exceptions to treaties meant to liberalize their investment environments. Legislators benefit by being able to claim credit for having protected their constituents from the competition an unrestricted agreement would entail. |
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Keywords: | Vote-seeking incentives Particularism Credit claiming Foreign direct investment Bilateral investment treaty |
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