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governments that are prepared to bar competition in exchange for political rent. Our results show that the retail-import price …
Persistent link: https://www.econbiz.de/10010510574
When do opposition groups decide to mount a terrorism campaign and when do they enter an open civil conflict against the ruling government? This paper models an opposition group's choice between peace, terrorism, and open conflict. Terrorism emerges if executive constraints are intermediate and...
Persistent link: https://www.econbiz.de/10011493846
that the usual analysis of economic rent, as typically explained for the case of consumers' surplus, carries over to the … case of derived demand. -- derived demand ; indirect demand ; consumers's surplus ; economic rent …
Persistent link: https://www.econbiz.de/10003333109
The social costs of rent seeking are generally evaluated with respect to rent dissipation. A common assumption is … complete rent dissipation so that the value of a contested rent is the value of social loss. When rent seekers earn taxable … income, there is interdependence between the social cost of rent seeking through rent dissipation and the excess burden of …
Persistent link: https://www.econbiz.de/10010350827
that the classic hold-up problem does not necessarily survive. We also derive conditions under which rent-seeking by unions …
Persistent link: https://www.econbiz.de/10012058483
Rent seeking within the vast informal segment of the developing world is a relatively underdexplored topic in the … interface of labor market policies and public economics. Moreover, how rent seeking and corruption within the informal segment … rent seeking in the informal sector and raise the pay-off for those involved in rent seeking activities. When formal sector …
Persistent link: https://www.econbiz.de/10011964890
Economists recommend to partly redistribute gains to losers from a structural reform, which in many cases may be required for making the reform politically viable. However, taxation is distortionary. Then, it is unclear that compensatory transfers can support a Pareto-improving reform. This...
Persistent link: https://www.econbiz.de/10011951457
bargaining agreements works councils are more likely to be engaged in productivity enhancing activities and less engaged in rent …
Persistent link: https://www.econbiz.de/10011402748
Can a society suffering contests between rich and poor achieve good governance in the face of endemic corruption? We examine a stylized poor state with weak institutions in which a "culture of evasion" damages state authority. Many evade tax payments, limiting the state's economic development...
Persistent link: https://www.econbiz.de/10011762214
The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10003646704