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Author: | Alt, J. |
Title: | Asset specificity and the political behavior of firms: lobbying for subsidies in Norway |
Journal: | International Organization
1999 : WINTER, VOL. 53:1, p. 99-116 |
Index terms: | COMPANIES POLITICS NORWAY |
Language: | eng |
Abstract: | Previous research into endogenous trade policy has described extensively the political incentives of firms with specific assets, but no studies have shown directly that firms behave as predicted. The authors adopt insights from transaction costs economics to develop measures of asset specificity and to investigate how variation in these measures affects the political behavior of firms. In particular, the authors examine the lobbying choices of Norwegian firms in the 1980s. |
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