Showing 1 - 10 of 92
in US states may indeed reduce corruption levels among elected representatives. …
Persistent link: https://www.econbiz.de/10004979403
-earners and profit-earners lobby the government for taxation and labour market regulation, and labour market legislation must be … regulation in the labour market. In such a case, the political equilibrium is characterized by strong union power and right …
Persistent link: https://www.econbiz.de/10005051549
that corruption is beneficial in highly regulated economies. At the maximum level of regulation among our sample of …The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test … requirements are detrimental to entrepreneurship. Second, we test whether corruption reduces the negative impact of regulations on …
Persistent link: https://www.econbiz.de/10005181356
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy. …
Persistent link: https://www.econbiz.de/10005406312
private firm. We solve analytically for the Kantian equilibrium of this lobbying game together with the majority voting … more concentrated among the top productivity individuals, their increased lobbying effort generates efficiency as well as …
Persistent link: https://www.econbiz.de/10010877896
In this paper we model the commercial lobbying industry (such as the so-called K-Street lobbyists of Washington, D ….C.). In contrast to classical special interest groups commercial lobbying firms are not directly motivated by policy outcomes … level of commercial lobbying services is typically socially inefficient, and characterize the nature of the distortions …
Persistent link: https://www.econbiz.de/10010877950
Taking a political economy perspective this paper proposes an alternative carbon abatement policy instrument with significant advantages over existing policy instruments. The key feature of the proposed carbon securities is that they entitle their owners to a fixed proportion of ex ante unknown...
Persistent link: https://www.econbiz.de/10010535631
This paper shows why a majority of legislators may vote for a policy that benefits a firm but harms all legislators. The firm may induce legislators to support the policy by suggesting that it is more likely to invest in a district whose voters or representative support the policy. In...
Persistent link: https://www.econbiz.de/10010544187
democracy where citizens can lobby an elected policy-maker. We find that lobbying always matters. That is, lobbying always …
Persistent link: https://www.econbiz.de/10005094249
We study lobbying behavior by firms in a two-region economy, with either centralized or decentralized provision of … profit-enhancing local public goods. Firms compete either in the market, lobbying for public good provision once entered in a … market, or for the market, lobbying to gain ccess to it. When firms compete in the market, we show that lobbying is …
Persistent link: https://www.econbiz.de/10005181575