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
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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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Journal Article: Determinants of interest group formation (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:slu:wpaper:2007-03
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