@techreport{NBERw10439, title = "Political Pressure Deflection", author = "James E. Anderson and Maurizio Zanardi", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "10439", year = "2004", month = "April", URL = "http://www.nber.org/papers/w10439", abstract = {Much economic policy is deliberately shifted away from direct political processes to administrative processes --- political pressure deflection. Pressure deflection poses a puzzle to standard political economy models which suggest that having policies to `sell' is valuable to politicians. The puzzle is solved here by showing that incumbents will favor pressure deflection since it can deter viability of a challenger, essentially like entry deterrence. U.S. trade policy since 1934 provides a prime example, especially antidumping law and its evolution.}, }