Showing 1 - 10 of 139
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature … associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one … suggest that (a) lobbying and corruption are fundamentally different, (b) political institutions play a major role in …
Persistent link: https://www.econbiz.de/10005136644
theoretical framework that focus on the relationship between lobbying and corruption (that is, it investigates under what … conditions they are complements or substitutes). The paper also offers novel econometric evidence on lobbying, corruption and … influence using data for about 4000 firms in 25 transition countries. Our results show that (a) lobbying and corruption are …
Persistent link: https://www.econbiz.de/10005792187
can countries get trapped in a bribing equilibrium forever? Corruption and lobbying are to some extent substitutes. By … lobby the government to change the rules in more developed ones? Should we expect an evolution from bribing to lobbying, or …) an equilibrium with corruption discourages firms to invest, (ii) firms bribe if the level of development is low, but (iii …
Persistent link: https://www.econbiz.de/10005661993
lobbying pressure are more likely than other firms to choose joint ventures as their corporate governance structure. …
Persistent link: https://www.econbiz.de/10008468544
What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in a lobbying model …
Persistent link: https://www.econbiz.de/10008530366
antitrust agency and where transparency - while making lobbying less effective - also implies real resource costs. We examine … regulatory failures. We find that under a welfare standard, lobbying leads to the clearance of relatively inefficient mergers … relatively efficient mergers that would increase welfare (i.e. there is a type I error). Lobbying actually reduces the extent to …
Persistent link: https://www.econbiz.de/10005124327
In this Paper we extend the cheap talk model of Crawford and Sobel (1982) to a multidimensional state space and policy space. We provide a characterization of equilibria. We focus on the question of feasibility of information transmission, for large degrees of conflict of interests between the...
Persistent link: https://www.econbiz.de/10005067454
We develop a model in which two firms that have proposed to merge are privately informed about merger-specific efficiencies. This enables the firms to influence the merger control procedure by strategically revealing their information to an antitrust authority. Although the information improves...
Persistent link: https://www.econbiz.de/10005067524
: we study legislative bargaining, lobbying, and electoral competition, as well as the possible interactions between these …
Persistent link: https://www.econbiz.de/10005067583
This paper uses the common agency approach to analyse the joint determination of product and labour market distortions in a small (developing) open economy. Capital owners and union members lobby the government on both tariffs and minimum wages, while other factors of production are not...
Persistent link: https://www.econbiz.de/10005504496