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Determinants of Interest Group Formation

Bonnie Wilson, Dennis Coates and Jac Heckelman

Working Papers from Saint Louis University, Department of Economics

Abstract: It is widely recognized that interest groups affect both microeconomic and macroeconomic outcomes. However, few researchers have attempted to discern empirically the factors that contribute to interest group activity. This paper provides a test of several theories of group formation in a panel setting. A nation’s stability, socioeconomic development, political system, size, and diversity all appear to contribute to interest group formation, as predicted by theory.

Keywords: special interest groups; institutional sclerosis; stock returns; volatility (search for similar items in EconPapers)
JEL-codes: D7 G1 G2 L5 O16 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2007-06
New Economics Papers: this item is included in nep-cdm, nep-cfn, nep-pbe and nep-pol
References: Add references at CitEc
Citations: View citations in EconPapers (15)

Published in Public Choice, December 2007, pages 377-391

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http://www.slu-econ-wp.com/RePEc/slu/bonnie_wilson/formation.pdf Revised version, 2007
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