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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 …
Persistent link: https://www.econbiz.de/10010340558
In many organizations, decisions are taken by unanimity giving each member veto power. We analyze a model of an organization in which members with heterogenous productivity privately contribute to a common good. Under unanimity, the least efficient member imposes her preferred effort choice on...
Persistent link: https://www.econbiz.de/10003874201
We contribute to the political economy of public sector growth by integrating the analysis of three factors: (i) the 'demand' for government, stemming from attempts to coercively redistribute as well as from the ordinary demand for public services, often analyzed in a median voter framework;...
Persistent link: https://www.econbiz.de/10014069385
We study an under-utilized source of data on legislative effectiveness, and exploit its panel structure to uncover several interesting patterns. We find that effectiveness rises sharply with tenure, at least for the first few terms even after controlling for legislators institutional positions,...
Persistent link: https://www.econbiz.de/10014067094
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
We consider the optimal choice set of candidates standing for elected office. The decision dimensions are in the number of candidates standing for election, and the experiential base of the candidates standing for election as measured by the length of prior experience held by the candidates and...
Persistent link: https://www.econbiz.de/10014183278
We propose a forensic approach to investigate the politico-economic forces that influence narrow vote outcomes in legislative assemblies. Applying nonparametric estimation techniques to a data set covering all roll call votes between 1990 and 2014, we can identify the existence of precise...
Persistent link: https://www.econbiz.de/10011509565
largely determined by lobbying, we find strong effects of electoral incentives. …
Persistent link: https://www.econbiz.de/10010439364
We construct a political equilibrium in which employers and labour unions bargain over labour contracts, wage-earners and profit-earners lobby the government for taxation and labour market regulation, and labour market legislation must be accepted by the majority of voters. We show that the...
Persistent link: https://www.econbiz.de/10011409824
Persistent link: https://www.econbiz.de/10012121958