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Lobbying Behind the Frontier / Matilde Bombardini, Olimpia Cutinelli Rendina, Francesco Trebbi.
- Format:
- Book
- Author/Creator:
- Bombardini, Matilde.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w29120.
- NBER working paper series no. w29120
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2021.
- Summary:
- This chapter investigates the non-market response of firms to international trade shocks increasing the level of competition in U.S. industries. Lobbying expenditures increase as a consequence of import changes related to the China shock. The effect on lobbying is not homogeneous across firms and it concentrates particularly in those producers which are behind the technological frontier. We discuss theoretical mechanisms driving lobbying of firms away from the technological frontier: not only the cost-benefit trade-off between innovation and lobbying is relatively less appealing for low productivity firms, but the collective action ability of low productivity firms improves after a competitive shock.
- Notes:
- Print version record
- August 2021.
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