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California and February 2021 in Texas demonstrate, supply shortfalls can have large economic and public health consequences. An …
Persistent link: https://www.econbiz.de/10012599323
-hour rises as a household consumes more electricity per month. More recently, in California, opponents of a proposal to lower …
Persistent link: https://www.econbiz.de/10014468223
Legislation often empowers agencies to develop rules, but legal challenges may create uncertainty, thereby increasing firm costs, delaying policy objectives, and affecting externalities. This paper investigates policy uncertainty surrounding the Mercury and Air Toxics Standard, estimating a...
Persistent link: https://www.econbiz.de/10013334514
The US trade war against China in 2018-2019 can either enhance or diminish the US soft power in China, depending on … the US soft power--is affected by the trade war, utilizing variations across Chinese cities in the exposure to the Trump …
Persistent link: https://www.econbiz.de/10013191093
facto political power, such as lobbying or the use of paramilitary forces, to partially or fully offset their loss of de … of the exercise of de jure and de facto political power. A change in political institutions, for example a move from … nondemocracy to democracy, alters the distribution of de jure political power, but the elite can intensify their investments in de …
Persistent link: https://www.econbiz.de/10012466560
competition in U.S. industries. Lobbying expenditures increase as a consequence of import changes related to the China shock. The … effect on lobbying is not homogeneous across firms and it concentrates particularly in those producers which are behind the … technological frontier. We discuss theoretical mechanisms driving lobbying of firms away from the technological frontier: not only …
Persistent link: https://www.econbiz.de/10012616568
well as industry lobbying data. We find that tariff levels are largely determined by firm lobbies, but about about 5 …
Persistent link: https://www.econbiz.de/10012599405
We distinguish between ideational and interest-based appeals to voters on the supply side of politics, and integrate … about voters' identities or their views of how the world works. We identify a complementarity between worldview politics and … identity politics and illustrate how they may reinforce each other. Furthermore, we show how adverse economic shocks may result …
Persistent link: https://www.econbiz.de/10012696383
We draw upon newly merged administrative data sets to study the relationship between payments from medical technology firms to physicians and medical device procurement by hospitals. These payments (and the interactions that accompany them) may facilitate the transfer of valuable information to...
Persistent link: https://www.econbiz.de/10012794611
Economists have argued that a high concentration of land holdings in a country can create powerful interest groups that retard the creation of economic institutions, and thus hold back economic development. Could these arguments apply beyond underdeveloped countries with backward political...
Persistent link: https://www.econbiz.de/10012463566