Lobbying: Buying and Utilizing Access

Abstract: This paper develops a lobbying-by-firms model that draws on a more realistic characterization of the lobbying process; influence-seeking requires both money to ‘buy access’ and managerial time to ‘utilize access’. This, more realistically grounded, modeling approach furnishes theoretical support for why one encounters different numbers of lobbying firms of varying sizes in different industries, without casting the (unrealistic) lifeline of the ‘money-buyspolicies’ assumption or (unrealistically) casting out the role of money from the lobbying process. Theoretical legs are also furnished for the empirical finding of a negative and statistically significant (at the 1% level) relationship between industry concentration and “direct lobbying” by the industry. Additional insights emerge from the model regarding how a cap on the lobbying-contributions of firms results, in fact, in an expansion of the amount of access-time purchased by some firms, and how a decline in the world price of an industry’s good can generate greater inequality in access to politicians.

Standort
Deutsche Nationalbibliothek Frankfurt am Main
Umfang
Online-Ressource
Sprache
Englisch

Erschienen in
Lobbying: Buying and Utilizing Access ; volume:8 ; number:1 ; year:2014 ; extent:37
Economics / Journal articles. Journal articles ; 8, Heft 1 (2014) (gesamt 37)

Urheber

DOI
10.5018/economics-ejournal.ja.2014-2
URN
urn:nbn:de:101:1-2412130930391.799502905809
Rechteinformation
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Letzte Aktualisierung
15.08.2025, 07:37 MESZ

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