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The Political Demand for and Supply of Deregulation

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dc.contributor.author Teske, Paul
dc.date.accessioned 2010-05-03T18:51:54Z
dc.date.available 2010-05-03T18:51:54Z
dc.date.issued 1990 en_US
dc.identifier.uri https://hdl.handle.net/10535/5759
dc.description.abstract "Over the past two decades, economists have challenged political scientists with a theory of government intervention into the economy in which concentrated producer interests 'demand' regulation that limits competitive entry, and willing politicians supply it in return for votes and campaign contributions. Ironically, while the use and refinement of this theory expanded, American governments led by both political parties started deregulating and reducing public sector involvement in a range of transportation, financial, and communications markets, opening the 'economic theory' to some questions. Political scientists have tried to explain how deregulation could occur in the absence of strong concentrated interest group demand or pressure for it. Both groups of scholars have not synthesized elements from each other to develop an adequate theoretical explanation. This article presents such a synthesis by taking into account important groups with interests often opposed to those of the incumbent regulated firms, especially 'downstream' business users of the regulated service, and governmental actors who can act independently from net interest group pressure; the full demand and supply sides, respectively." en_US
dc.language English en_US
dc.relation.ispartofseries Stony Brook Working Papers in Political Economy, no. 2 en_US
dc.subject regulation en_US
dc.subject economic theory en_US
dc.subject telecommunications en_US
dc.title The Political Demand for and Supply of Deregulation en_US
dc.type Working Paper en_US
dc.type.methodology Case Study en_US
dc.publisher.workingpaperseries Department of Political Science, State University of New York, Stony Brook, NY en_US
dc.subject.sector Social Organization en_US


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