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Title:On the determinants and effects of political influence PDF Logo
Authors:Chong, Alberto
Gradstein, Mark
Issue Date:2007
Series/Report no.:Working paper // Inter-American Development Bank, Research Department 616
Abstract:This paper uses a large cross-country survey of business firms to assess their influence on government policies. It is found that influence is associated with larger, government-owned firms that have a high degree of ownership concentration. In contrast, foreign ownership matters little. It is also found that the extent to which government policies and legislation are viewed as impeding firm growth decreases with political influence and, independently, with a country's level of institutional quality.
Subjects:Politics
Institutions
Influence
Ownership
Government Policies
Firm Growth
JEL:H00
D21
O10
Document Type:Working Paper
Appears in Collections:Research Department Working Papers, Inter-American Development Bank

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