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Business and politician interaction is pervasive but has mostly been analysed with a binary approach. Yet the network dimensions of such connections are ubiquitous. We use a unique dataset for seven economies that documents politically exposed persons (PEPs) and their links to companies,...
Persistent link: https://www.econbiz.de/10012919511
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/10013317433
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/10013324976
, business regulations, corruption, and to a lesser extent, infrastructure bottlenecks in explaining patterns of job creation at … growth of all firms, particularly micro and small firms. On the other hand, corruption and poor access to infrastructure …
Persistent link: https://www.econbiz.de/10013316735
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/10013318034
of the lobbying investment depends on whether or not the candidates are willing to respond and able to collude on low …-tax policies that do not harm their relative chances in the elections. In the experiment, we find that lobbying is never successful …% of societies with finitely-repeated encounters. However, lobbying investments are not always profitable, and profit …
Persistent link: https://www.econbiz.de/10013132418
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 …
Persistent link: https://www.econbiz.de/10013096476
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...
Persistent link: https://www.econbiz.de/10013088344
Asymmetric information between voters and legislative representatives poses a major challenge to the functioning of representative democracy. We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to...
Persistent link: https://www.econbiz.de/10012906525
This paper examines an economic union where oligopolistic firms produce by skilled and unskilled labor and do in-house Ramp;D by skilled labor. The planner of the union accepts new members to the union, regulates the labor market through a minimum wage for unskilled labor and supports firms by...
Persistent link: https://www.econbiz.de/10012764074