Showing 1 - 10 of 301
This paper assesses the determinants of state fragility in sub-Saharan Africa using hitherto unexplored variables in … being a function of rent seeking and/or lobbying by de facto power holders is tested. The resulting interesting finding is … that, political interference, rent seeking and lobbying increase the probability of state fragility by mitigating the …
Persistent link: https://www.econbiz.de/10011261165
, industrialization in dependent countries in 1960 is found to be significantly lower than in sovereign countries. This result is shown to … particular, the basic results are not affected by the inclusion of a dummy for Sub-Saharan Africa. …
Persistent link: https://www.econbiz.de/10011111073
A positive economic growth is one crucial macroeconomic objective of every nation. Many countries have formed regional as well as international trading blocs in an attempt to enhance economic growth and maximise welfare of each member state, the AFTZ member states are not an exception. This...
Persistent link: https://www.econbiz.de/10012910879
It is well documented that firms develop nonmarket strategies in an effort to shape public policy changes to their advantage. But are there no limits to this? This paper argues that there is, in fact, an important limitation, internal to the firm, that stems from the necessity for firms to...
Persistent link: https://www.econbiz.de/10005835462
To what extent should public utilities regulation be expected to converge across countries? When it occurs, will regulatory convergence lead to positive outcomes for utility sectors? This paper attempts to provide new answers to these questions. Building on the core proposition of the New...
Persistent link: https://www.econbiz.de/10005835636
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
Building on a framework that assesses the attractiveness of ‘political markets’ – where firms transact over public policies with government policy-makers – we develop hypotheses regarding the success or performance of firms’ nonmarket strategies. We propose that the ability of firms to...
Persistent link: https://www.econbiz.de/10005837275
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
The paper is an attempt to observe the effects of the development of rent-seeking or lobbying groups on the growth pace … policies implemented both at micro and macro level after the 1980s revealed the importance of lobbying effect on policies … examples of the literature on lobbying and its effects on growth. Taking from Mancur Olson’s inspiring book, The Rise and …
Persistent link: https://www.econbiz.de/10008873557
Consider an all-pay auction with interdependent, affiliated valuations and private budget constraints. We characterize a symmetric equilibrium for the case of two players. In contrast with the second-price auction, making budgets more severe can depress the bids of unconstrained bidders
Persistent link: https://www.econbiz.de/10009004809