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The Impact of Money in Politics on Labor and Capital : Evidence from Citizens United v. FEC
Akey, Pat; Babina, Tania; Buchak, Greg; Tenekedjieva, … - 2022
The perceived increase in corporate political influence has raised concerns that corporations advance policies that benefit capital and harm labor. We examine whether money in politics harms labor using the surprise Supreme Court ruling Citizens United v. FEC (2010), which rendered bans on...
Persistent link: https://www.econbiz.de/10013403790
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The Impact of Money in Politics on Labor and Capital : Evidence from Citizens United v. FEC
Akey, Pat; Babina, Tania; Buchak, Greg; Tenekedjieva, … - National Bureau of Economic Research - 2023
We examine whether corporate money in politics benefits or hurts labor using the 2010 Supreme Court ruling Citizens United, which rendered bans on political election spending unconstitutional. In difference-in-difference analyses, affected states experience increases in both capital and labor...
Persistent link: https://www.econbiz.de/10014322868
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Political activism and firm innovation
Ovtchinnikov, Alexei V.; Reza, Syed Walid; Wu, Yanhui - 2014
Political activism positively affects firm innovation. Firms that support more politicians, politicians on Congressional committees with jurisdictional authority over the firms' industries and politicians who join those committees innovate more. We employ instrumental variables estimation and a...
Persistent link: https://www.econbiz.de/10010501442
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The political economy of finance and regulatory capture : evidence from the US Congress
Silano, Filippo - 2023
Congress roll call votes on financial liberalisation were biased by industry-led campaign contributions and lobbying activities …
Persistent link: https://www.econbiz.de/10014370438
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Economic interests, worldviews and identities : theory and evidence on ideational politics
Ash, Elliott; Mukand, Sharun W.; Rodrik, Dani - 2021
We distinguish between ideational and interest-based appeals to voters on the supply side of politics, and integrate the Keynes-Hayek perspective on the importance of ideas with the Stigler-Becker approach emphasizing vested interests. In our model, political entrepreneurs discover identity and...
Persistent link: https://www.econbiz.de/10012797019
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Interest Group Responses to Reform Efforts in the U.S. House of Representatives : The Case of Big Sugar
Grier, Kevin B.; Grier, Robin; Mkrtchian, Gor - 2022
The US sugar program has long delivered significant subsidies to a concentrated group of sugar growers at the expense of American consumers. In 2013, however, an amendment in the House of Representatives attempted to seriously reduce those subsidies. The amendment narrowly lost. A similar...
Persistent link: https://www.econbiz.de/10013323809
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Bureaucrats or politicians? : political parties and antidumping in the US
Aquilante, Tommaso - 2016
Antidumping (AD) is the most widely used contingent protection measure. In the United States, key decisions on AD are delegated to the International Trade Commission (ITC), an independent agency composed of six non-elected commissioners. Using a newly collected dataset, I study the determinants...
Persistent link: https://www.econbiz.de/10012010405
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US economic sanctions on Cuba : an analysis of the reasons for their maintenance
Nahrstedt, Jan - 2021
This paper investigates why the US economic embargo against Cuba is still in place, despite its lack of effectiveness towards the stated objectives of the US government. An explanatory approach with two theoretical frameworks from economics and political science is applied. The paper explores...
Persistent link: https://www.econbiz.de/10012520944
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Misallocation in Production Networks across Space : the Role of Firm Lobbying in the US
Shi, Xiangyu - 2023
In this paper, I examine the role of firm lobbying in shaping the structure of US production networks, and its … to more regulations, and distant buyer-supplier connections. Further examination suggests that lobbying reduces … model of spatial production networks indicates that lobbying reduces misallocation by 22%, and explains 3.2% of the gain of …
Persistent link: https://www.econbiz.de/10014349599
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Economic puppetmasters : lessons from the halls of power
Lindsey, Lawrence B. - 1999
Persistent link: https://www.econbiz.de/10000679835