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来源类型Working Paper
规范类型报告
DOI10.3386/w8756
来源IDWorking Paper 8756
Entry and Asymmetric Lobbying: Why Governments Pick Losers
Richard E. Baldwin; Frederic Robert-Nicoud
发表日期2002-01-31
出版年2002
语种英语
摘要Governments frequently intervene to support domestic industries, but a surprising amount of this support goes to ailing sectors. We explain this with a lobbying model that allows for entry and sunk costs. Specifically, policy is influenced by pressure groups that incur lobbying expenses to create rents. In expanding industry, entry tends to erode such rents, but in declining industries, sunk costs rule out entry as long as the rents are not too high. This asymmetric appropriablity of rents means losers lobby harder. Thus it is not that government policy picks losers, it is that losers pick government policy.
主题International Economics ; Trade ; Industrial Organization ; Regulatory Economics
URLhttps://www.nber.org/papers/w8756
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/566363
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Richard E. Baldwin,Frederic Robert-Nicoud. Entry and Asymmetric Lobbying: Why Governments Pick Losers. 2002.
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