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across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we … measure historical lobbying and document several stylized facts. First, lobbying over industrial policies follows a hump …
Persistent link: https://www.econbiz.de/10014575605
across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we … measure historical lobbying and document several stylized facts. First, lobbying over industrial policies follows a hump …
Persistent link: https://www.econbiz.de/10014557744
across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we … measure historical lobbying and document several stylized facts. First, lobbying over industrial policies follows a hump …
Persistent link: https://www.econbiz.de/10014545117
Using actual voting records of simultaneous elections held for Indian federal and regional assemblies -- where same political parties contest against each other in both type of elections -- we identify swing voters. We find that the representatives supported by swing voters outperform...
Persistent link: https://www.econbiz.de/10012970508
politicians, both with theory and data. The theory is based on a version of the career concerns model of political agency with … implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed … features of political candidates at the municipal level. In accordance with the predictions of the theory, we find that larger …
Persistent link: https://www.econbiz.de/10013148349
Is tax competition good for economic growth? The paper addresses this question by means of a simple model of economic growth in which a wasteful Leviathan state sets taxes and provides productive input. Wasteful behaviour is restricted by the voter, who reduces political support if her income is...
Persistent link: https://www.econbiz.de/10013319435
Small well-motivated groups, including state officials, public and community activists, politicians, etc., proved their capacity to impose burden on the economy. The power to do so in modern Market Democracies could be reached without “unsheathing the sword”. Old fashioned redistribution...
Persistent link: https://www.econbiz.de/10013080303
We show that politically connected banks influence economic activity. We exploit shocks to individual banks’ political capital following close US congressional elections. We find that regional output growth increases when banks active in the region experience an average positive shock to their...
Persistent link: https://www.econbiz.de/10013244851
This paper aims at analyzing the e ects of lobbying over economic growth and primarily welfare. We model explicitly the … equilibrium, despite stimulating growth, lobbying restricts the market structure and reduces welfare when compared to the free …-entry outcome. However, once general equilibrium considerations are taken into account, we find that lobbying may improve welfare …
Persistent link: https://www.econbiz.de/10013150461
, economic freedom that emerges as a result of costly lobbying efforts may be less fruitful. In an extreme case, costly lobbying … efforts may even negate the growth-enhancing effect of economic freedom. To the extent that lobbying efforts constitute an … of lobbying is greater the more efficient is the institutional environment. Panel data analysis reveals the expected …
Persistent link: https://www.econbiz.de/10013021737