IDEAS home Printed from https://ideas.repec.org/a/bla/jpbect/v8y2006i4p571-602.html
   My bibliography  Save this article

Passive Industry Interests in a Large Polity

Author

Listed:
  • CLARE LEAVER
  • MILTIADIS MAKRIS

Abstract

We seek to explain the puzzle of passive industry interests. Taking the formation decision as given, we focus on the ability of a political action committee (PAC) to elicit voluntary donations for campaign giving. We show that, when the number of stakeholders is large and uncertain, PACs behave counteractively. That is, a single PAC that does not oppose the government's prior preference raises resources whenever an opponent poses a credible threat to secure policy favors. By implication money never actually changes hands, prompting the suggestion that counteractive behavior may lie behind the well-documented, and consistently low, levels of PAC disbursements. Copyright 2006 Blackwell Publishing, Inc..

Suggested Citation

  • Clare Leaver & Miltiadis Makris, 2006. "Passive Industry Interests in a Large Polity," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 8(4), pages 571-602, October.
  • Handle: RePEc:bla:jpbect:v:8:y:2006:i:4:p:571-602
    as

    Download full text from publisher

    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9779.2006.00279.x
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Michela Redoano, 2010. "Does Centralization Affect the Number and Size of Lobbies?," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(3), pages 407-435, June.
    2. Zudenkova, Galina, 2012. "Lobbying as a Guard against Extremism," Working Papers 2072/184036, Universitat Rovira i Virgili, Department of Economics.
    3. Zudenkova Galina, 2017. "Lobbying as a Guard against Extremism," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 17(1), pages 1-17, February.
    4. Zudenkova, Galina, 2010. "Sincere Lobby Formation," MPRA Paper 28249, University Library of Munich, Germany.
    5. Tyutin, Anton & Zaporozhets, Vera, 2017. "On Legislative Lobbying under Political Uncertainty," TSE Working Papers 17-807, Toulouse School of Economics (TSE).
    6. Ernesto Dal Bó & Pedro Dal Bó & Rafael Di Tella, 2002. "'Plata o Plomo': Bribe and Punishment in a Theory of Political Influence," Working Papers 2002-28, Brown University, Department of Economics.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jpbect:v:8:y:2006:i:4:p:571-602. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://edirc.repec.org/data/apettea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.