000165777 001__ 165777 000165777 005__ 20260113234335.0 000165777 0247_ $$2doi$$a10.1007/s11127-012-9933-0 000165777 0248_ $$2sideral$$a98747 000165777 037__ $$aART-2013-98747 000165777 041__ $$aeng 000165777 100__ $$aCandel-Sánchez, F. 000165777 245__ $$aA political economy model of market intervention 000165777 260__ $$c2013 000165777 5203_ $$aWe argue that political competition based on income redistribution à la Lindbeck and Weibull (Public Choice 52:273-297, 1987) may cause distortive regulation in a competitive sector. For this purpose, we propose a model in which imposing a production quota allows the extraction of rents that are then used for vote-buying purposes. Our model permits us to analyze the response of regulatory policy to political factors, such as the size of a group of informed voters and the accuracy of their information about the incumbent. We also show that the extent of voter influence on policy outcomes is shaped by the state of market demand. In particular, if demand becomes weaker, market intervention increases in a magnitude that depends positively on the electoral weight of informed voters. 000165777 540__ $$9info:eu-repo/semantics/closedAccess$$aAll rights reserved$$uhttp://www.europeana.eu/rights/rr-f/ 000165777 590__ $$a0.81$$b2013 000165777 591__ $$aPOLITICAL SCIENCE$$b68 / 156 = 0.436$$c2013$$dQ2$$eT2 000165777 591__ $$aECONOMICS$$b162 / 332 = 0.488$$c2013$$dQ2$$eT2 000165777 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion 000165777 700__ $$0(orcid)0000-0001-7281-9523$$aPerote-Peña, J.$$uUniversidad de Zaragoza 000165777 7102_ $$14000$$2415$$aUniversidad de Zaragoza$$bDpto. Análisis Económico$$cÁrea Fund. Análisis Económico 000165777 773__ $$g157, 1-2 (2013), 169-181$$pPublic choice$$tPUBLIC CHOICE$$x0048-5829 000165777 8564_ $$s457227$$uhttps://zaguan.unizar.es/record/165777/files/texto_completo.pdf$$yVersión publicada 000165777 8564_ $$s1202455$$uhttps://zaguan.unizar.es/record/165777/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada 000165777 909CO $$ooai:zaguan.unizar.es:165777$$particulos$$pdriver 000165777 951__ $$a2026-01-13-22:08:08 000165777 980__ $$aARTICLE