This paper examines the effect of campaign contributions on firm performance in Latvia, using a quasi-experiment provided by the 2002 elections. An unanticipated result of the election was that the ‘Latvian Way’, one of the most influential parties, failed to be reelected and was replaced by...

This paper examines the effect of political connections on firm performance. It draws on the universe of all registered firms in Latvia to construct a unique dataset of firms connected to politicians in 1996 to 2005. This paper shows that the effects of connections to politicians vary depending...

This study attempts to estimate the economic burden of tobacco smoking in Russia and hence to identify in money terms the economic benefits of smoking reduction in Russia.