Abstract:
This paper explores the relationship between special-interest groups and volatility of GDP growth. In an unbalanced panel of 108 countries, we find a significant negative relationship between the number of interest groups in a country and the volatility of GDP growth.
Keywords:special interest groups; volatility (search for similar items in EconPapers) JEL-codes:D7O4 (search for similar items in EconPapers) Date: 2007-07
Published in Economics Bulletin, August 21, 2007, Vol. 15, No. 18.