This paper develops and tests a model that predicts a positive relationship between absolute levels of capital stock and how favourable are policies toward capital. The theoretical model we use is a model of campaign contributions and electoral competition, extended to consider the implications...

This paper explores the relationship between factor endowments, technology, and the location of industrial production, using a panel dataset on Indian industries across states and over time. We find that factor endowments and technology play important roles in explaining the share of an...