Using examples from energy and agriculture, the latest issue of The Takeaway explores lobbying strategies of US firms.
Lobbying plays an important role in US politics and policy-making, which has not gone unnoticed by US firms. The latest issue of The Takeaway looks at how political strategy has become an important complement to firms’ market activities to improve profitability.
The article was written by Dr. Anastasia Shcherbakova, an applied economist in the Texas A&M Department of Agricultural Economics and a Research Fellow with the Mosbacher Institute, and Helen Wakefield, a Texas A&M doctoral student in agricultural economics. They note that lobbying can be expensive, and not surprisingly, large firms with more resources tend to lobby more. They also note, however, that regardless of size, firms find ways to lobby for political returns when the competitive market presents low profit opportunities.
You can read about it in “Lobbying in Good Times and in Bad.”
The Takeaway is a publication of the Mosbacher Institute for Trade, Economics, and Public Policy at the Bush School at Texas A&M University.