Business Connections and Local Public Policy

• In Event: Questions in Political Parties I

Brief Overview

We study the impact of businesses on local public policy using 22,824 German local politicians from 2011 to 2021. Entrance of connected politicians leads to lower taxes and debt issuance. The results have implications for business political power.

Authors

• Hanno Hilbig, University of California-Davis

• Jan Stuckatz, Copenhagen Business School