Showing 1 - 10 of 161
regulation when policy is determined in a lobbying game between a government and firm. We compare the resulting regulation levels … lobbying, but that lobbying can reverse the welfare ordering. -- Multinational enterprises ; regulation ; policy formation … ; lobbying ; interest groups ; foreign direct investment …
Persistent link: https://www.econbiz.de/10008696003
Using a large, original database of 385 politically connected firms under the Mubarak regime in Egypt, we document for the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the expansion of crony activities into new, previously...
Persistent link: https://www.econbiz.de/10011544875
This paper investigates if multinationals in.uence the political process through lobbying more effectively than … national firms. First, I introduce a model which contrasts a multinational’s incentives for lobbying with those of a national … firm. Then the effect of lobbying on the political decision is analyzed. I conclude that multinationals have smaller …
Persistent link: https://www.econbiz.de/10001729417
This paper surveys recent approaches towards lobbying if interest groups influence the decision of an incumbent … transmission of information through lobbying. Recent extensions to the two basic lobbying models are discussed in great detail … into a general lobbying model. The survey concludes with a summary of the main insights and indicates promising directions …
Persistent link: https://www.econbiz.de/10001729419
We analyze the determinants of environmental policy when two firms engage in two types of lobbying against a … restriction on allowed pollution: General lobbying increases the total amount of allowed pollution, which is beneficial for both … firms. Private lobbying increases the individual pollution standard of the lobbying firm, but has a negative or zero effect …
Persistent link: https://www.econbiz.de/10001729421
We study lobbying in a setting in which decision-makers share resources in a network. Two opposing interest groups …-makers' ideologies as well as the network structure. We characterize the lobbying strategies in various network settings and show that a … findings are consistent with empirically established lobbying activities. …
Persistent link: https://www.econbiz.de/10011576305
In this work we simulate the effects of tax autonomy of the Austrian states on the levels of public employment in each state. We show that depending on the strength of the public sector lobby, tax autonomy would require reduction of employment in the public sector between 25% and 35% of the...
Persistent link: https://www.econbiz.de/10011718756
The analysis of credit risk and its impacting factors are important topics for the European Investment Fund (EIF, the Fund) as the Fund provides guarantees to financial institutions for portfolios of loans and leases to micro- and small and medium sized-enterprises (SMEs). In this context, the...
Persistent link: https://www.econbiz.de/10011862434
We study the evolution of the control structure of 141 privatized firms from OECD countries over the period from 1996 through 2000. We find that governments do not relinquish control after privatization. We show that the market-to-book ratios of privatized firms converge through time to those of...
Persistent link: https://www.econbiz.de/10011606983
Persistent link: https://www.econbiz.de/10000864168