Aidt, Toke S.; Hwang, Uk - In: Journal of Institutional and Theoretical Economics (JITE) 164 (2008) 3, pp. 509-533
Can lobbying internalize cross-national externalities? This paper investigates this in a two-country economy where governments regulate labour markets through national labour standards, but are subject to lobbying. We study four different lobbying architectures and show that cross-national...