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Lobbying activities of multinational firms

Polk, Andreas - 2002

This paper investigates if multinationals in.uence the political process through lobbying more effectively than national firms. First, I introduce a model which contrasts a multinational's incentives for lobbying with those of a national firm. Then the effect of lobbying on the political...

Persistent link: https://www.econbiz.de/10010315594

Count data models with unobserved heterogeneity: An empirical likelihood approach

Boes, Stefan - 2007

As previously argued, the correlation between included and omitted regressors generally causes inconsistency of standard estimators for count data models. Using a specific residual function and suitable instruments, a consistent generalized method of moments estimator can be obtained under...

Persistent link: https://www.econbiz.de/10010315597

Infrastructure quality in deregulated industries: Is there an underinvestment problem

Buehler, Stefan; Schmutzler, Armin; Benz, Men-Andri - 2002

We investigate how various institutional settings affect a network provider's incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide...

Persistent link: https://www.econbiz.de/10010315603

Simple tests for exogeneity of a binary explanatory variable in count data regression models

Staub, Kevin E. - 2009

This article investigates power and size of some tests for exogeneity of a binary explanatory variable in count models by conducting extensive Monte Carlo simulations. The tests under consideration are Hausman contrast tests as well as univariate Wald tests, including a new test of notably easy...

Persistent link: https://www.econbiz.de/10010315604

How special interests shape policy: A survey

Polk, Andreas - 2002

This paper surveys recent approaches towards lobbying if interest groups influence the decision of an incumbent government. It describes the two main channels of influence which mainly exist in parallel, namely contribution payments and the transmission of information through lobbying. Recent...

Persistent link: https://www.econbiz.de/10010315606

Making sense of non-binding retail-price recommendations

Bühler, Stefan; Gärtner, Dennis L. - 2009

This paper provides a theoretical rationale for non-binding retail price recommendations (RPRs) in vertical supply …

Persistent link: https://www.econbiz.de/10010315607

Consumption paths under prospect utility in an optimal growth model

Foellmi, Reto; Rosenblatt-Wisch, Rina; Schenk-Hoppé, … - 2010

This paper studies the Cass-Koopmans-Ramsey model of optimal economic growth in the presence of loss aversion and habit formation. The representative agent's preferences for consumption can be gradually varied between the standard constant intertemporal elasticity of substitution (CIES) case and...

Persistent link: https://www.econbiz.de/10010316035

International trade and the adaptation to climate change and variability

Schenker, Oliver; Stephan, Gunter - 2012

This paper has three messages mainly, which are observed in a simple model of climate change, international trade and regional adaptation. First, trade can be viewed as a kind of adaptation to climate change and variability, as trade can help to reduce direct impacts of global climate change on...

Persistent link: https://www.econbiz.de/10010316037

When is seller price setting with linear fees optimal for intermediaries?

Loertscher, Simon; Niedermayer, Andras - 2007

Mechanisms where sellers set the price and are charged a linear commission fee are widely used by real world … heterogeneous regional markets and over time. So far, there is no theoretical explanation why such seller price setting mechanisms … are used and why the linear fees vary so little. In this paper, we first show that in a Bayesian setup seller price …

Persistent link: https://www.econbiz.de/10010316040

Strategic behavior in IEAs: When and why countries joined the Kyoto Protocol

Almer, Christian; Winkler, Ralph - 2010

We empirically analyze the formation of international environmental agreements within a political economy framework. We develop a theoretical model of state dependent net benefits of ratification predicting (i) strategic behavior with respect to the timing of ratification and (ii) that...

Persistent link: https://www.econbiz.de/10010316041