Morck, Randall; Sepanski, Jungsywan H.; Yeung, Bernard Yin - 2013
suggested in the rent-seeking literature. Controlling for firm performance and other factors, past lobbying increases the … and habitual rent-seekers emerges. Occasional rent-seekers' lobbying depends on their market performance. Habitual rent … with political rent seeking having dynamic economies of scale: rent-seeking makes further rent-seeking easier and more …