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. To identify the reasons for this insufficient implementation in the past decade the Public Choice theory is used. The …
Persistent link: https://www.econbiz.de/10013136587
. To identify the reasons for this insufficient implementation in the past decade the Public Choice theory is used. The …
Persistent link: https://www.econbiz.de/10008699051
In this paper we investigate the role of judicial control of lobbying activities in an endogenous policy framework …, focusing on two dimensions of quality of the judiciary, namely efficiency and integrity. We present a multi-layer lobbying …
Persistent link: https://www.econbiz.de/10010270446
special interest groups. This paper examines the nature of the interaction between the lobbying activities of special interest … turn stimulates more intense lobbying which increases the scope of corrupt behavior. It is shown that electoral competition …
Persistent link: https://www.econbiz.de/10010295264
This paper analyzes the relationship between bank lobbying and supervisory decisions of regulators, and documents its … States, I find that regulators are 44.7 percent less likely to initiate enforcement actions against lobbying banks. This … result is robust across measures of lobbying, and accounts for endogeneity concerns by employing instrumental variables …
Persistent link: https://www.econbiz.de/10012904652
This paper examines the effect of firms' lobbying activities on penalties received from public competition authorities …. For an average sanctioned firm, our model indicates that one additional dollar in lobbying yields to a decrease in cartel … sanction of 3.12 dollars. We also observe that cartel sanctions are more responsive to lobbying expenditures when (1) the head …
Persistent link: https://www.econbiz.de/10013295542
This paper examines the effect of firms’ lobbying activities on penalties received from public competition authorities …. We show that lobbying expenditures are negatively associated with the amount of the cartel sanction, within cartel. Our … estimates also report that cartel sanctions are more responsive to lobbying expenditures when (1) the head of the antitrust …
Persistent link: https://www.econbiz.de/10014262313
This paper deals with double lobbying: several bureaucrats participate in joint lobbying to get a high total … departmental budget, but they also engage in antagonistic lobbying to reap as high a share of the total budget as possible. The … antagonistic lobbying constitutes a contest among the bureaucrats. This paper characterizes the Nash equilibria in lobbying and …
Persistent link: https://www.econbiz.de/10011514012
This study investigates the relationship between politically connected firms and their access to bank financing in a post-communist eras in Poland. Overall, it finds that "recent" political connections do influence access to bank financing and the value of such connections increased during the...
Persistent link: https://www.econbiz.de/10013071495
This paper investigates whether political connections affect individuals' propensity to engage in illegal activities in financial markets. We use the French 2007 presidential election as a plausibly exogenous change in the value of political connections in a difference-in-differences...
Persistent link: https://www.econbiz.de/10012984131