Campos, Nauro; Giovannoni, Francesco - In: Public Choice 131 (2007) 1, pp. 1-21
Conventional wisdom is that lobbying is the preferred mean for exerting political influence in rich countries and … econometric evidence on lobbying, corruption and influence using data for almost 4000 firms in 25 transition countries. Our … results show that (a) lobbying and corruption are substitutes; (b) firm size, age and ownership as well as political stability …