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Replication data for: Revolving Door Lobbyists

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ICPSR2012-01-01 更新2026-04-16 收录
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https://www.openicpsr.org/openicpsr/project/112581/version/V1/view
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Washington's "revolving door"—the movement from government service into the lobbying industry—is regarded as a major concern for policy-making. We study how ex-government staffers benefit from the personal connections acquired during their public service. Lobbyists with experience in the office of a US Senator suffer a 24 percent drop in generated revenue when that Senator leaves office. The effect is immediate, discontinuous around the exit period, and long-lasting. Consistent with the notion that lobbyists sell access to powerful politicians, the drop in revenue is increasing in the seniority of and committee assignments power held by the exiting politician.
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2012-01-01
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