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We study the determinants of the dynamics of firm lobbying behavior using a panel data set covering 1998-2006. Our data … exhibit three striking facts: (i) few firms lobby, (ii) lobbying status is strongly associated with firm size, and (iii …) lobbying status is highly persistent over time. Estimating a model of a firm's decision to engage in lobbying, we find …
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How is economic policy made? In this paper we study a key determinant of the answer to the question: lobbying by firms … persistence in lobbying. The existence of these costs is further confirmed in studying how firms responded to a particular policy …
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We study the determinants of the dynamics of firm lobbying behavior using a panel data set covering 1998-2006. Our data … exhibit three striking facts: (i) few firms lobby, (ii) lobbying status is strongly associated with firm size, and (iii …) lobbying status is highly persistent over time. Estimating a model of a firm's decision to engage in lobbying, we find …
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