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Will a free trade agreements (FTAs) between nations be politically viable?Under political lobby what incentives determine whether FTAs will be signed or not? Will FTAs include steadily more countries until we reach worldwide free trade? The paper addresses these questions using a theoretical...
Persistent link: https://www.econbiz.de/10011108479
How different political market structures influence the behaviors of participants and the distribution of benefits was studied n the framework of game theory. Theoretical model showed that in the monopolized political market, the participation surplus of participants would serve as the rents of...
Persistent link: https://www.econbiz.de/10005042690
Corruption is a problem that has been shown to adversely affect a country’s development. Recent studies have shown that a country’s electoral system can affect its corruption level. But if that is the case, then electoral rules could be chosen to maximize opportunities for corruption. This...
Persistent link: https://www.econbiz.de/10005837392
The number of municipalities in Japan has decreased from 3,232 in 1999 to 1,820 in 2006 because of municipal mergers, called Heisei-no-Daigappei. This paper estimates the political choices of local council members in Japan’s municipal mergers. In Japan, being a local council member is a...
Persistent link: https://www.econbiz.de/10011258399
I study whether bailouts of local governments carry electoral benefits for state governments with a dataset covering 421 municipalities in the German state of Hesse over the period 1999-2011. I find that past bailouts have no economically significant effect on the municipality-level vote share...
Persistent link: https://www.econbiz.de/10011114514
Using a unique set of electoral rules present in the Austrian state of Vorarlberg, we explore the question whether local electoral rules affect the size of local governments. We find evidence that party--list system is associated with higher levels of expenditure and that direct elections of the...
Persistent link: https://www.econbiz.de/10011276371
We analyze the effects of political business cycles and fiscal autonomy on the expenditure categories of Polish municipalities. Using System GMM technique, we find convincing evidence for strong political business cycles in almost all expenditure categories, and in particular for the categories...
Persistent link: https://www.econbiz.de/10011276373
lobbying. In a non-cooperative equilibrium, each country chooses the level of R&D subsidy independently and fails to … internalizes technology spillover but is vulnerable to lobbying by politicians from each country, who attempt to free-ride on the …. Furthermore, this threshold is an increasing function in the effectiveness of lobbying. This paper also considers the possibility …
Persistent link: https://www.econbiz.de/10005836163
agricultural protection in the US: (i) legislator preferences, (ii) electoral incentives, or (iii) lobbying. Using data on the roll … agricultural protection, but that legislator preferences and lobbying play a role, too. Moreover, legislator preferences and …
Persistent link: https://www.econbiz.de/10011260782
This paper examines lobbying and corruption as alternative ways of dealing with regulatory obstacles. I propose a model … of a firm bribing legislators and other rule makers, suggesting that lobbying introduces the possibility of state capture …
Persistent link: https://www.econbiz.de/10011114331