Forms of governance and the size of rent-seeking
نویسندگان
چکیده
منابع مشابه
Forms of governance and the size of rent-seeking
In this paper we present a model where agents can choose between 1 productive and rent-seeking activities.We consider two governance institutions: 2 autocracy and parliament rule. Under autocracy rent-seeking reflects the taste 3 of the autocrat for such activities. Under parliament rule rent-seeking depends 4 on parliament voting. We show that under parliament rule the size of rent5 seeking ma...
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Rent-seeking in the trade sector is an outcome of restrictions imposed on tariffs and import quotas by a government. In an effort to acquire more privilege in foreign trade, labor allocates a part of its time-effort to rent-seeking activity, while cutting down on production work. Given the importance of rent-seeking activity due to restrictions imposed by the government in the Iranian economy, ...
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ژورنال
عنوان ژورنال: Social Choice and Welfare
سال: 2007
ISSN: 0176-1714,1432-217X
DOI: 10.1007/s00355-007-0224-5