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In democracies, trade policy is the result of interactions among many agents with different agendas. In accordance with this observation, we construct a dynamic model of legislative trade policy-making in the realm of distributive politics. An economy consists of different sectors, each of which...
Persistent link: https://www.econbiz.de/10013121949
review of the evidence on the supply of earmarks by legislators. It then discusses the role of university lobbying for …
Persistent link: https://www.econbiz.de/10012775806
It has long been recognized that a country's tariffs are the endogenous outcome of a rent-seeking game whose equilibrium reflects national institutions. Thus, the structure of tariffs across industries provides insights into how institutions, as reflected in tariff policies, affect long-term...
Persistent link: https://www.econbiz.de/10012761657
investigates empirically the consequences of lobbying competition between upstream and downstream producers for trade policy. The … with lobbying competition. Importantly, accounting for lobbying competition also alters substantially estimates of the …
Persistent link: https://www.econbiz.de/10013217953
This paper studies how interest groups allocate campaign contributions when congressmen are connected by social ties. We establish conditions for the existence of a unique Nash equilibrium in pure strategies for the contribution game and characterize the associated allocation of the interest...
Persistent link: https://www.econbiz.de/10012981101
are perceived to be less quot;efficient.quot; In this paper I develop a theory of public contracting that accommodates …
Persistent link: https://www.econbiz.de/10012758508
. This result is stronger for organized industries, which further supports the theory. The main theoretical insights and …
Persistent link: https://www.econbiz.de/10012757990
choose suboptimal levels of regulation if they face lobbying pressure from companies. Companies can, in turn, hire socially …
Persistent link: https://www.econbiz.de/10013019118
outline a theory that considers conditions under which a politician would and would not prefer reputational development and …
Persistent link: https://www.econbiz.de/10013224858
A prominent model in the recent political-economy literature on trade policy is Grossman and Helpman's (1994) Protection for Sale' model. This model yields clear predictions for the cross-sectional structure of trade protection. The objective of our" paper is to check whether the predictions of...
Persistent link: https://www.econbiz.de/10013211649