2018
DOI: 10.2139/ssrn.3275097
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The Effects of Firms' Lobbying on Resource Misallocation

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Cited by 31 publications
(33 citation statements)
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“…Although we identified a number of studies ( n = 9) investigating psychosocial demands in these sectors, the highest number of studies looked at SMEs active in ‘Manufacturing’ ( n = 17) where the percentage of employment was considerably lower (6.7%). This may be related to differences in lobbying activities which have been shown to be relatively high in the manufacturing sector compared to other sectors including ‘wholesale trade’ [ 106 ]. The other economic sectors were partly more typical for large enterprises (e.g., electricity suppliers, oil companies, insurance companies) or public and civil-service institutions (hospitals, schools, public offices) and, as expected, fewer studies were identified here.…”
Section: Discussionmentioning
confidence: 99%
“…Although we identified a number of studies ( n = 9) investigating psychosocial demands in these sectors, the highest number of studies looked at SMEs active in ‘Manufacturing’ ( n = 17) where the percentage of employment was considerably lower (6.7%). This may be related to differences in lobbying activities which have been shown to be relatively high in the manufacturing sector compared to other sectors including ‘wholesale trade’ [ 106 ]. The other economic sectors were partly more typical for large enterprises (e.g., electricity suppliers, oil companies, insurance companies) or public and civil-service institutions (hospitals, schools, public offices) and, as expected, fewer studies were identified here.…”
Section: Discussionmentioning
confidence: 99%
“…Relatedly, other studies show that lobbying can produce systematic advantages for firms' organizational characteristics. For instance, Huneeus and Kim (2018) study the causal effect of firms' lobbying activities on the misallocation of resources through the distortion of firm size and find that a 10 per cent increase in lobbying expenditure leads to a 3 per cent gain in revenue. In a similar vein, Chen et al .…”
Section: Corporate Lobbying In the Eu: Why It Is Important And What We Know About Itmentioning
confidence: 99%
“…This is problematic, as the rise of firm lobbying is associated with several major concerns, such as their potential to make systems of interest representation more biased (see Gray et al ., 2004; Hart, 2004; Martin, 2005; Martin and Swank, 2004) and, relatedly, to exacerbate political systems' tendency to produce inefficient policy outputs that favour narrow and concentrated interests over diffuse ones (Gordon and Hafer, 2005; Huneeus and Kim, 2018; Richter et al ., 2009). Both dynamics are important per se, but the are also important because they have the potential to generate even worrying long‐term consequences such as economic decline (Olson, 1982) and popular disillusionment with the functioning of representative democracy (Mizruchi, 2013).…”
Section: Introductionmentioning
confidence: 99%
“…This paper may make incremental contributions from the following points: (1) Resource misallocation not only affects economic development, but also affects environmental quality. Most of the existing literature focuses on the economic impact of resource misallocation [ 1 , 2 , 5 ], the causes of resource misallocation [ 7 , 8 , 9 , 10 , 11 ] and whether policies [ 12 , 13 ] or other factors [ 14 ] have exacerbated resource misallocation, while few studies have investigated the environmental impact of resource misallocation. This paper incorporates environmental issues into the research framework, and provides a new perspective for the improvement of China’s environmental issues.…”
Section: Introductionmentioning
confidence: 99%