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We develop a model of legislative lobbying where policy proposals are endogenous. We show that a policy proposer with preferences tilted towards one lobby may be induced by an increase in that interest group's size to propose policies geared towards the opposing lobby. Hence, a larger lobby size...
Persistent link: https://www.econbiz.de/10008746474
We develop a model of legislative decision making in which lobbying and public policy are jointly determined. We examine how policy outcomes depend on the sizes of the interest groups. While a larger size typically involves favorable effects on policy, we also identify threshold levels of...
Persistent link: https://www.econbiz.de/10010930947
We develop a model of legislative lobbying where policy proposals are endogenous. We show that a policy proposer with preferences tilted towards one lobby may be induced by an increase in that interest group's size to propose policies geared towards the opposing lobby. Hence, a larger lobby size...
Persistent link: https://www.econbiz.de/10008536092
One view is that concessions demanded by and granted to interests groups are responsible for steady fiscal decline, and delay in reforms. We argue that negative supply shocks combined with the political objective of protecting the poor can build in incentives leading to these results. Pricing...
Persistent link: https://www.econbiz.de/10008866142
popular support for business-friendly policies. This can lead to long-term reductions in aggregate investment, productivity …
Persistent link: https://www.econbiz.de/10011794581
popular support for business-friendly policies. This can lead to long-term reductions in aggregate investment, productivity …
Persistent link: https://www.econbiz.de/10011436675
obstacles to higher productivity, as in tourism and FDI attraction, PDPs have been quite successful. When, on the contrary, it …
Persistent link: https://www.econbiz.de/10011314118
Persistent link: https://www.econbiz.de/10011314127
While Mexico has potential to grow rapidly, its economic growth has remained low for the past three decades. There is no consensus on the country's development path or on how to achieve specific goals. Since the policy debate remains ideological and lacks pragmatism, productive development...
Persistent link: https://www.econbiz.de/10010328212
In contrast to the limited impact of aggregate-level productive development policies (PDPs) in Argentina, micro-level PDPs in several sectors have proven highly successful. This study seeks to understand how these PDPs succeeded in a challenging environment, what kinds of mechanisms were...
Persistent link: https://www.econbiz.de/10010328239