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so by focusing on the use of lobbying for protection by import competing firms as a means to postpone costly product …, it will be optimal to adjust quality and to decrease the lobbying effort at some time, leading to liberalization and … technological catch-up. But then the equilibrium tariff will again be small and "cheap", and it will pay to start lobbying anew …
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Recent literature suggests that news shocks could be an important driver of economic cycles. In this article, we use a direct measure of news sentiment derived from media reports. This allows us to examine whether innovations in the reporting tone correlate with changes in the assessment and...
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This study investigates how firms’ lobbying activities change over business cycles. We show that firms lobby more … during recessions. Aside from active lobbying firms, non-lobbying firms are also more likely to start lobbying during … recessions. Corporate lobbying generally responds only to aggregate economic fluctuations. Lastly, we discuss the benefits of …
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This paper estimates the impact of economic conditions in foreign industries on the filing of antidumping petitions by US industries and the US government’s decision in preliminary and final antidumping investigations. Exploiting cross-country variation in economic shocks in manufacturing, I...
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