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Can multinational firms exert more power than national firms by influencing politics through lobbying? To answer this … question, we analyze the extent of national environmental regulation when policy is determined in a lobbying game between a … multinational; this changes for high transportation costs and intermediate damage parameters. When there is no lobbying, welfare …
Persistent link: https://www.econbiz.de/10010340558
regulation when policy is determined in a lobbying game between a government and firm. We compare the resulting regulation levels … lobbying, but that lobbying can reverse the welfare ordering. …
Persistent link: https://www.econbiz.de/10010315488
regulation when policy is determined in a lobbying game between a government and firm. We compare the resulting regulation levels … lobbying, but that lobbying can reverse the welfare ordering. -- Multinational enterprises ; regulation ; policy formation … ; lobbying ; interest groups ; foreign direct investment …
Persistent link: https://www.econbiz.de/10008696003
) electoral mechanisms, the (ii) lobbying institutions, and the (iii) legislative bargaining that affect its supply. A recent … the other. Areas ripe for more exploration include informational lobbying, the role of the media, firm-level analysis of … lobbying and more realistic approaches to labor markets. …
Persistent link: https://www.econbiz.de/10014023458
This paper studies the determinants of immigration policy in an economy with entrepreneurs and workers where a trade union has monopoly power over wages. The presence of the union leads a benevolent government to implement a high level of immigration and induces a welfare loss not only from an...
Persistent link: https://www.econbiz.de/10013318698
In this paper we investigate the twofold effect of demographics on international factor flows in a model with endogenous policy constraints on both foreign direct investment and migration. Factor price differences between industrialized and developing countries create economic incentives for...
Persistent link: https://www.econbiz.de/10003889091
Following the notion of skill-biased FDI flows from developed to less developed regions, high-skilled workers are likely to benefit from FDI to a larger extent. They earn a productivity advantage that potentially transfers into a skilled wage premium. This gives rise to distributional conflict...
Persistent link: https://www.econbiz.de/10009581010
We construct a political equilibrium in which employers and labour unions bargain over labour contracts, wage-earners and profit-earners lobby the government for taxation and labour market regulation, and labour market legislation must be accepted by the majority of voters. We show that the...
Persistent link: https://www.econbiz.de/10011409824
This paper examines unemployment, wages, and voters' demand for redistribution policy under three different labour market structures: laissez-faire, wage-setting by company or industrial unions, and wage-setting by a central union. Decisions on the level of taxes and benefits are made by...
Persistent link: https://www.econbiz.de/10014208787
Persistent link: https://www.econbiz.de/10012062041