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the value of protection, via costless messages (cheap-talk) and costly messages (lobbying). We estimate our model using … firm-level data on tariff suspension bills and lobbying expenditures from 1999-2006, and find that indeed verbal opposition … by import-competing firms, with no lobbying, significantly reduces the probability of a suspension being granted. In …
Persistent link: https://www.econbiz.de/10014397364
countries. Potential for green protectionism and relevant GATT rules are discussed in three areas: i) environmental product …
Persistent link: https://www.econbiz.de/10014396257
In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the … interpreted as a call for an outright ban of lobbying, they point in the direction of a need for rethinking the framework …
Persistent link: https://www.econbiz.de/10012103556
This paper examines the objectives and instruments of trade policy in the European Community (EC) from 1987 until mid-1992. It reviews the Community’s institutional setting and policy environment as background to recent trends in EC trade policies and trading arrangements. A discussion of key...
Persistent link: https://www.econbiz.de/10014396138
This paper analyzes export performance in the Middle East and North Africa (MENA) using a gravity model applied to panel data. It addresses two questions: (i) are there significant unexploited export markets for the MENA region?; and (ii) have integration efforts with the EU since the mid-1990s...
Persistent link: https://www.econbiz.de/10014400851
We develop a new Measure of Aggregate Trade Restrictions (MATR) using data from the IMF's Annual Report on Exchange Arrangements and Exchange Restrictions. MATR is an empirical measure of how restrictive official government policy is towards the international flow of goods and services. MATR is...
Persistent link: https://www.econbiz.de/10013170594
this event, firms with little or no prior exposure to the federal accounts that experienced cuts reduced their lobbying … spending. In contrast, firms with a high degree of exposure to the cuts maintained and even increased their lobbying spending … likely intensified their lobbying efforts to distinguish themselves from the others and improve their chances of procuring a …
Persistent link: https://www.econbiz.de/10012103562
We study how lobbying affects the resolution of failed banks, using a sample of FDIC auctions between 2007 and 2014. We … higher costs in such auctions, amounting to 16.4 percent of the total resolution losses. We also find that lobbying winners … have worse operating and stock market performance than their non-lobbying counterparts, suggesting that lobbying results in …
Persistent link: https://www.econbiz.de/10011763817
, and (2) lobbying high-level government politicians to resist legal reforms designed to improve judicial efficiency and …
Persistent link: https://www.econbiz.de/10014400451
. Political uncertainty has a positive effect on environmental policy as it reduces lobbying efforts. Applying our model to a …
Persistent link: https://www.econbiz.de/10014401287