- Applied Microeconomics
- Political Economy
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Brad Hackinen is an Assistant Professor in Business, Economics and Public Policy at the Ivey Business School.
He is an applied microeconomist working in the areas of political economy and environmental economics. He is particularly interested in how corporations and other interest groups influence public policy through information-based channels like lobbying and commenting on proposed regulations. His dissertation examined how large corporations use donations to non-profits as a tool to amplify their messages to regulators during the notice and comment process for U.S. federal rulemaking. He is also developing new tools for measuring political influence using the text of comments submitted to regulators.
- Global Macroeconomics for Managers (HBA 2)
- M.Sc. (Honours) in Economics from the University of Victoria
- Ph.D. in Economics from the University of British Columbia
Recent Refereed Articles
Bertrand, M.; Bombardini, M.; Fisman, R.; Hackinen, B.; Trebbi, F.,
2021, "Hall of Mirrors: Corporate Philanthropy and Strategic Advocacy", The Quarterly Journal of Economics, November 136(4): 2413 - 2465.
Abstract: Information is central to designing effective policy, and policy makers often rely on competing interests to separate useful from biased information. We show how this logic of virtuous competition can break down, using a new and comprehensive data set on U.S. federal regulatory rulemaking for 2003–2016. For-profit corporations and nonprofit entities are active in the rulemaking process and are arguably expected to provide independent viewpoints. Policy makers, however, may not be fully aware of the financial ties between some firms and nonprofits—grants that are legal and tax-exempt but hard to trace. We document three patterns that suggest that these grants may distort policy. First, we show that shortly after a firm donates to a nonprofit, the nonprofit is more likely to comment on rules on which the firm has also commented. Second, when a firm comments on a rule, the comments by nonprofits that recently received grants from the firm’s foundation are systematically closer in content to the firm’s own comments, relative to comments submitted by other nonprofits. Third, the final rule’s discussion by a regulator is more similar to the firm’s comments on that rule when the firm’s recent grantees also commented on it.
Link(s) to publication:
Honours & Awards
- Killam Doctoral Scholarship Award
- SSHRC Doctoral Fellowship