The Dynamics of Firm Lobbying

William Kerr, William Lincoln () and Prachi Mishra

American Economic Journal: Economic Policy, 2014, vol. 6, issue 4, 343-79

Abstract: How is economic policy made? In this paper we study a key determinant of the answer to the question: lobbying by firms. Estimating a binary choice model of firm behavior, we find significant evidence for the idea that barriers to entry induce persistence in lobbying. The existence of these costs is further confirmed in studying how firms responded to a particular policy change: the expiration of legislation relating to the H-1B visa. Due to its influence on firm behavior, we argue that this persistence fundamentally changes the environment in which legislation is made.

JEL-codes: D22 D72 D78 L21 (search for similar items in EconPapers)
Date: 2014
Note: DOI: 10.1257/pol.6.4.343
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (70)

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/pol.6.4.343 (application/pdf)
http://www.aeaweb.org/aej/pol/data/0604/2012-0227_data.zip (application/zip)
http://www.aeaweb.org/aej/pol/ds/0604/2012-0227_ds.zip (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: The Dynamics of Firm Lobbying (2014)
Working Paper: The Dynamics of Firm Lobbying (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:aejpol:v:6:y:2014:i:4:p:343-79

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

American Economic Journal: Economic Policy is currently edited by Matthew Shapiro

More articles in American Economic Journal: Economic Policy from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().