Inside the revolving door: campaign finance, lobbying meetings and public contracts : An investigation for Argentina
This paper explores the relationship between political influence actions and benefits obtained from public procurement. We develop a theoretical model of electoral competition where interest groups can engage in both ex-ante campaign contributions and ex-post lobbying contributions. We derive the op...
Guardado en:
| Autores principales: | , , , |
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| Formato: | Objeto de conferencia |
| Lenguaje: | Inglés |
| Publicado: |
2018
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| Materias: | |
| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/169122 |
| Aporte de: |
| Sumario: | This paper explores the relationship between political influence actions and benefits obtained from public procurement. We develop a theoretical model of electoral competition where interest groups can engage in both ex-ante campaign contributions and ex-post lobbying contributions. We derive the optimal distribution of ex-ante and ex-post contributions by interest groups to candidates.
If the preference of the interest groups are aligned, political contributions to both candidates are increasing in their respective announced expenditures.
Ex-ante and ex-post contributions are imperfect substitutes and the higher the announced expenditure, the more biased the distribution is towards (ex-post) lobbying. Using previously unavailable individual-level data, we test empirically the predictions of the model and to model the probability of obtaining a public contract as a function of both ex-ante and ex-post efforts by interest groups. |
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