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endogenous determination of trade protection through lobbying - where the government is also concerned about income … foreign capital enters the export or import-competing sectors).There will either be increased counter-lobbying for protection … by the export sector or reduced lobbying for protection in the import-competing sector, because of the scale effect …
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The increase in investment abroad during the past two decades may help explain the simultaneous worldwide rush toward free trade. The entry of foreign capital may change the political game, increasing openness to international trade no matter what form the foreign capital takes (whether entering...
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Can multinational firms exert more power than national firms by influencing politics through lobbying? To answer this … question, we analyze the extent of national environmental regulation when policy is determined in a lobbying game between a … multinational; this changes for high transportation costs and intermediate damage parameters. When there is no lobbying, welfare …
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