Determinants of Interest Group Formation

Bonnie Wilson (), Dennis Coates () and Jac Heckelman ()

Working Papers from Department of Economics, John Cook School of Business, Saint Louis University

Abstract: It is widely recognized that interest groups affect both microeconomic and macroeconomic outcomes. However, few researchers have attempted to discern empirically the factors that contribute to interest group activity. This paper provides a test of several theories of group formation in a panel setting. A nation’s stability, socioeconomic development, political system, size, and diversity all appear to contribute to interest group formation, as predicted by theory.

Keywords: special interest groups; institutional sclerosis; stock returns; volatility (search for similar items in EconPapers)
JEL-codes: D7 G1 G2 L5 O16 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cdm, nep-cfn, nep-pbe and nep-pol
Date: 2007-06

Forthcoming in Public Choice

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http://jcsb.slu.edu/repec/slu/wilsonbe0703.pdf

Related works:
Journal Article: Determinants of interest group formation (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:slu:wpaper:2007-03

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