To ban or not to ban: Foreign lobbying and cross-national externalities
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Authors
Aidt, TS
Hwang, U
Abstract
jats:titleAbstract</jats:title>jats:pThis paper studies the costs and benefits of foreign lobbying. We show how and when foreign lobbying can help internalize cross‐national externalities. We argue that this is an often overlooked benefit of foreign lobbying. We also study under what conditions a constitutional rule banning foreign lobbying is in the national interest of a country. A key factor in this calculus is whether the interests of foreign lobby groups and domestic unorganized groups coincide or not. We illustrate the logic with examples from trade policy and environmental regulation.</jats:p>
Description
Keywords
3801 Applied Economics, 35 Commerce, Management, Tourism and Services, 38 Economics, 3502 Banking, Finance and Investment, 4905 Statistics, 49 Mathematical Sciences
Journal Title
Canadian Journal of Economics
Conference Name
Journal ISSN
0008-4085
1540-5982
1540-5982
Volume Title
47
Publisher
Wiley