| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5068203 | European Journal of Political Economy | 2013 | 22 Pages |
Abstract
⺠We differentiate intrinsic and exerted influence in a formal political economy model. ⺠The endogeneity of exerted influence highlights problems for previous empirical work. ⺠Regulatory economies of scale produce counter-intuitive predictions for large firms. ⺠Large firms are more influential, more subsidized and more constrained by regulation. ⺠International, firm-level data confirm these and other model predictions.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Emma Aisbett, Carol McAusland,