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Politicians, legislation, and the economy : an inquiry into the interest-group theory of government

Author: Robert E McCormick; Robert D Tollison
Publisher: Boston : M. Nijhoff ; Hingham, Mass. : Distributors for North America, Kluwer Boston, ©1981.
Series: Rochester studies in economics and policy issues.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
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Additional Physical Format: Online version:
McCormick, Robert E., 1946-
Politicians, legislation, and the economy.
Boston : M. Nijhoff ; Hingham, Mass. : distributors for North America, Kluwer Boston, ©1981
(OCoLC)562737917
Document Type: Book
All Authors / Contributors: Robert E McCormick; Robert D Tollison
ISBN: 0898380588 9780898380583
OCLC Number: 6916263
Description: x, 134 pages : graphs ; 24 cm.
Contents: 1 Analyzing Government.- Two Approaches to Analyzing Government.- The Interest-Group Theory of Government.- Plan of the Study.- Notes.- 2 Questions to be Answered.- Wealth Transfers and Organization Costs.- The "Market" for Wealth Transfers.- What This Analysis Is Not About.- What This Analysis Is About.- Summary.- Appendix: Heterogeneity Begets Wealth Redistribution.- Notes.- 3 The Demand and Supply of Wealth Transfers.- Maximizing the Returns from Legislation in a Bicameral.- Vote Market.- Empirical Evidence from State Legislatures.- Summary.- Notes.- 4 Legislatures as Wage Cartels.- Theory and Preliminary Implications.- A Test of Relative Wage Implications.- Wage Pay and Malfeasance.- Summary.- Notes.- 5 The Outside Earnings of Politicians.- The Market for Legislators.- Empirical Evidence from State Legislatures.- Low Wage Pay as an Entry Barrier in Politics.- Summary.- Notes.- 6 The Supply of Majority Leadership.- Competition for Majority Leadership.- Empirical Evidence from State Legislatures.- Summary.- Notes.- 7 The Determinants of Executive Branch Compensation.- Gubernatorial Compensation.- The Question of Malfeasance.- Summary.- Notes.- 8 Summary, Conclusions, and Future Directions.- Notes.- Name Index.
Series Title: Rochester studies in economics and policy issues.
Responsibility: Robert E. McCormick, Robert D. Tollison.

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