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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
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
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
consider how this relationship performs in the presence of institutional biases and lobbying efforts. It is found that the best … higher, and decisions are less vulnerable to lobbying. …
Persistent link: https://www.econbiz.de/10005662069
This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...
Persistent link: https://www.econbiz.de/10005666545
We develop a political-economic model of aid fungibility. A donor country gives aid to a recipient government for the benefit of a target group. However, the recipient government accepts political contributions from a lobby group not targeted by the donor and transfers a fraction of the aid to...
Persistent link: https://www.econbiz.de/10005667087
popular view that choices on secondary policy instruments are largely determined by lobbying, we find strong effects of …
Persistent link: https://www.econbiz.de/10005789133
We study how banks should protect their credit departments against the external influence from potential borrowers. We analyze four mechanisms that are widespread in practice: a credit board with unanimity or simple majority, a hierarchy and an advisory system. A bank faces a trade-off between...
Persistent link: https://www.econbiz.de/10005791309
We develop a model where trade agreements - in addition to correcting terms-of-trade externalities - help governments to commit vis-a-vis domestic industrial lobbies. We explore how trade liberalization is affected by the characteristics of the political environment, such as the degree to which...
Persistent link: https://www.econbiz.de/10005791399
maker does not react unless all of them are actively lobbying. In a ‘mutual discipline’ or high-trust equilibrium, by …
Persistent link: https://www.econbiz.de/10005792452