Showing 1 - 9 of 9
We exploit historical and contemporaneous variation in local credit markets across Russia to identify the impact of credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and production processes that are new to them. They introduce...
Persistent link: https://www.econbiz.de/10011300996
Using a novel way to identify relationship and transaction banks, we study how banks' lending techniques affect funding to SMEs over the business cycle. For 21 countries we link the lending techniques that banks use in the direct vicinity of firms to these firms' credit constraints at two...
Persistent link: https://www.econbiz.de/10010375321
We estimate the impact of local mining activity on the business constraints experienced by 22,150 firms across eight resource-rich countries. We find that with the presence of active mines, the business environment in the immediate vicinity (20 km) of a firm deteriorates but business constraints...
Persistent link: https://www.econbiz.de/10011565667
clarify how stake asymmetry, lobbying-skill asymmetry and return to lobbying effort determine the relative desirability, from …
Persistent link: https://www.econbiz.de/10011513996
what condition an interest group prefers to direct its lobbying efforts to two parties or the two coalition and opposition … discipline. The lobbying efforts under un-enforced and enforced party discipline are also compared. Finally, we clarify the … parties ; ideological predispositions ; electoral power ; post-elections lobbying ; enforced party discipline …
Persistent link: https://www.econbiz.de/10009683353
prizes has the perverse effect of increasing their aggregate lobbying efforts. …
Persistent link: https://www.econbiz.de/10011408720
components: expected social welfare and lobbying efforts. The welfare component has a positive or no effect on the utility while … the lobbying efforts have a positive, negative or no effect on the utility (ii) introducing the political culture of the …
Persistent link: https://www.econbiz.de/10011408927
The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first … demonstrate that in the latter setting, the compromising effect of lobbying need not exist. Our reduced-form, two-stage public …) desires to suckle thereby threatening the public well being more than the lobbying interest groups. The main result specifies …
Persistent link: https://www.econbiz.de/10002734085
lobbying activities. …
Persistent link: https://www.econbiz.de/10009781546