Kahana, Nava; Klunover, Doron - Institute for the Study of Labor (IZA) - 2014
taxation. Through the addition of substitution to rent seeking beyond leisure, rent seeking increases the excess burden of … more socially costly than is inferred from contest models alone, because of an increased excess burden of taxation. … income, there is interdependence between the social cost of rent seeking through rent dissipation and the excess burden of …