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FIRM‐LEVEL DETERMINANTS OF POLITICAL INFLUENCE
Authors:ALBERTO CHONG  MARK GRADSTEIN
Institution:1. Inter‐American Development Bank;2. Ben Gurion University, CEPR, CESifo, IZA
Abstract:This paper uses a large cross‐country survey of business firms to assess their influence on government policies. When controlling for endogeneity, we find that such an influence is associated with larger firms and to a lesser extent with government ownership, but not with the degree of competition. We also find that firms' perception of being politically influential is enhanced with the country's level of institutional quality.
Keywords:
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