Publication: Lobbying and the power of multinational firms
Lobbying and the power of multinational firms
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Polk, A., Schmutzler, A., & Müller, A. (2014). Lobbying and the power of multinational firms. European Journal of Political Economy, 36, 209–227. https://doi.org/10.1016/j.ejpoleco.2014.07.010
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Can multinational firms exert more power than national firms by influencing politics through lobbying? To answer this question, we analyze the extent of national environmental regulation when policy is determined in a lobbying game between a government and a firm. We compare the resulting equilibrium regulation levels, outputs and welfare in a game with a multinational firm with those in an otherwise identical game with a national firm. For low transportation costs, output and pollution of a national firm are always as least as high a
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- Polk, Andreas
- Müller, Adrian
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Polk, A., Schmutzler, A., & Müller, A. (2014). Lobbying and the power of multinational firms. European Journal of Political Economy, 36, 209–227. https://doi.org/10.1016/j.ejpoleco.2014.07.010
