IDEAS home Printed from https://ideas.repec.org/p/ags/eaae02/24855.html
   My bibliography  Save this paper

Influence of Political Campaign Contributions by American Agribusiness Firms on U.S. Farm Policy

Author

Listed:
  • Serrao, Amilcar

Abstract

This study adapts Ndayisenga and Kinsey's econometric model of the allocation of political campaign contributions by agribusiness firms. This model combines information on campaign contributions for political influence with the behavior assumption of profit maximization to test the hypotheses that agribusiness firms do not lobby against farm policies. Model results support the hypotheses and show that lobbying expenditure in output markets is statistically significant, and that political campaign contributions to the Democratic Party significantly correlate with agribusiness firms' profits. The conclusions of this study provide useful information about the intentions of agribusiness firms that participate in the political market, but the results should be carefully interpreted.

Suggested Citation

  • Serrao, Amilcar, 2002. "Influence of Political Campaign Contributions by American Agribusiness Firms on U.S. Farm Policy," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24855, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae02:24855
    DOI: 10.22004/ag.econ.24855
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/24855/files/cp02se46.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.24855?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bhagwati, Jagdish N., 1980. "Lobbying and welfare," Journal of Public Economics, Elsevier, vol. 14(3), pages 355-363, December.
    2. Cairns, Robert D., 1989. "Dynamic rent seeking," Journal of Public Economics, Elsevier, vol. 39(3), pages 315-334, August.
    3. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    4. Wellisz, Stanislaw & Wilson, John D., 1986. "Lobbying and tariff formation: A deadweight loss consideration," Journal of International Economics, Elsevier, vol. 20(3-4), pages 367-375, May.
    5. Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, vol. 64(3), pages 291-303, June.
    6. Kinsey, Jean D. & Ndayisenga, Fidele, 1999. "The Impact Of Political Contributions By Food Manufacturing Firms On U.S. Farm Policy," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 17(1), pages 1-15.
    7. Richard E. Just & David Zilberman & Eithan Hochman & Ziv Bar-Shira, 1990. "Input Allocation in Multicrop Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(1), pages 200-209.
    8. Bhagwati, Jagdish N & Srinivasan, T N, 1980. "Revenue Seeking: A Generalization of the Theory of Tariffs," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1069-1087, December.
    9. Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(3), pages 371-400.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kinsey, Jean D. & Ndayisenga, Fidele, 1999. "The Impact Of Political Contributions By Food Manufacturing Firms On U.S. Farm Policy," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 17(1), pages 1-15.
    2. Beviá, Carmen & Corchón, Luis C., 2013. "Endogenous strength in conflicts," International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 297-306.
    3. James Lake & Maia Linask, 2015. "Costly distribution and the non-equivalence of tariffs and quotas," Public Choice, Springer, vol. 165(3), pages 211-238, December.
    4. Ernesto Dal Bó & Pedro Dal Bó, 2011. "Workers, Warriors, And Criminals: Social Conflict In General Equilibrium," Journal of the European Economic Association, European Economic Association, vol. 9(4), pages 646-677, August.
    5. Arye L. Hillman & John G. Riley, 1989. "Politically Contestable Rents And Transfers," Economics and Politics, Wiley Blackwell, vol. 1(1), pages 17-39, March.
    6. Jonathan Brooks, 1996. "Agricultural Policies In Oecd Countries: What Can We Learn From Political Economy Models?," Journal of Agricultural Economics, Wiley Blackwell, vol. 47(1‐4), pages 366-389, January.
    7. James Lake & Maia K. Linask, 2013. "The near-equivalence of tariffs and quotas," Departmental Working Papers 1305, Southern Methodist University, Department of Economics.
    8. Vahabi,Mehrdad, 2015. "The Political Economy of Predation," Cambridge Books, Cambridge University Press, number 9781107133976.
    9. Bradford, Scott, 2003. "Protection and jobs: explaining the structure of trade barriers across industries," Journal of International Economics, Elsevier, vol. 61(1), pages 19-39, October.
    10. Tyler Cowen & Amihai Glazer & Henry McMillan, 1994. "Rent Seeking Can Promote The Provision Of Public Goods," Economics and Politics, Wiley Blackwell, vol. 6(2), pages 131-145, July.
    11. Steven Husted & James Cassing, 2006. "Lobbying as a Transport Industry," Working Paper 222, Department of Economics, University of Pittsburgh, revised Jan 2006.
    12. Gael Lagadec, 2014. "Are political support-driven policies always bad? The case of large interest groups," European Journal of Government and Economics, Europa Grande, vol. 3(2), pages 138-147, December.
    13. Robert E. Baldwin, 1986. "Rent-Seeking and Trade Policy: An Industry Approach," International Economic Association Series, in: Bela Balassa & Herbert Giersch (ed.), Economic Incentives, chapter 16, pages 429-453, Palgrave Macmillan.
    14. Arye Hillman & Dov Samet, 1987. "Dissipation of contestable rents by small numbers of contenders," Public Choice, Springer, vol. 54(1), pages 63-82, January.
    15. Yu-Fu Chen & I-Hui Cheng, 2003. "Lobbying for Protection under Uncertainty: A Real Option Approach," Dundee Discussion Papers in Economics 155, Economic Studies, University of Dundee.
    16. Eliakim Katz & J. Smith, 1988. "Rent-seeking and optimal regulation in replenishable resource industries," Public Choice, Springer, vol. 59(1), pages 25-36, October.
    17. Kamath Shyam J., 1994. "Privatization: A Market Prospect Perspective," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 5(1), pages 53-104, March.
    18. K.P. Kannan & N. Vijayamohanan Pillai, 2001. "The political economy of public utilities: A study of the power sector," Centre for Development Studies, Trivendrum Working Papers 316, Centre for Development Studies, Trivendrum, India.
    19. Chen, Kai-Lih & Graham-Tomasi, Ted & Roe, Terry, 1993. "Political Economy and Pollution Regulation: Instrument Choice in a Lobbying Economy," Staff Paper Series 201174, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    20. Roe, Terry L. & Graham-Tomasi, Theodore, 1990. "Competition Among Rent Seeking Groups in General Equilibrium," Bulletins 7483, University of Minnesota, Economic Development Center.

    More about this item

    Keywords

    Political Economy;

    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:ags:eaae02:24855. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/eaaeeea.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.