The Revolving Door Phenomenon

Simon Luechinger and Christoph Moser
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Christoph Moser: Friedrich-Alexander-Universität Erlangen-Nürnberg

A chapter in The Political Economy of Lobbying, 2023, pp 167-182 from Springer

Abstract: Abstract The revolving door is a widespread phenomenon. Job transitions between the public and private sectors occur in both directions. They are prevalent in many countries, have gained in importance over time, and affect many firms and individuals. This chapter discusses potential negative and positive consequences of the revolving door—both from the perspective of firms and individuals in question and from society at large. The empirical literature suggests that job transitions between sectors are beneficial for the firms and individuals involved. While there is little research on potential socially desirable effects of the revolving door, there is evidence for substantial negative effects.

Keywords: Revolving door; Political connections; Conflicts of interest; Corruption (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:stpchp:978-3-031-44393-0_8

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DOI: 10.1007/978-3-031-44393-0_8

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