Social Welfare And A Rent Seeking Paradox
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Social Welfare And A Rent Seeking Paradox
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Author : Derek J. Clark
language : en
Publisher:
Release Date : 1995
Social Welfare And A Rent Seeking Paradox written by Derek J. Clark and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
The Economics Of Public Choice
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Author : Paddy McNutt
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-03-27
The Economics Of Public Choice written by Paddy McNutt and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-03-27 with Business & Economics categories.
The economics of public choice.
Rents Rent Seeking And Economic Development
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Author : Mushtaq Husain Khan
language : en
Publisher: Cambridge University Press
Release Date : 2000-09-07
Rents Rent Seeking And Economic Development written by Mushtaq Husain Khan and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-09-07 with Business & Economics categories.
The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unable to explain how it can drive decades of rapid growth in some countries, and at other times be associated with spectacular economic crises. This book argues that the rent-seeking framework has to be radically extended by incorporating insights developed by political scientists, institutional economists and political economists if it is to explain the anomalous role played by rent-seeking in Asian countries. It includes detailed analysis of Thailand, Malaysia, the Philippines, the Indian sub-continent, Indonesia and South Korea. This new critical and multidisciplinary approach has important policy implications for the debates over institutional reform in developing countries. It brings together leading international scholars in economics and political science, and will be of great interest to readers in the social sciences and Asian studies in general.
The Economics Of Special Privilege And Rent Seeking
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Author : Gordon Tullock
language : en
Publisher: Springer Science & Business Media
Release Date : 1989-08-31
The Economics Of Special Privilege And Rent Seeking written by Gordon Tullock and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-08-31 with Business & Economics categories.
As the reader of this book probably already knows, I have devoted a great deal of time to the topic which is, rather unfortunately, named rent seeking. Rent seeking, the use of resources in actually lowering total product although benefiting some minority, is, unfortunately, a major activity of most governments. As a result of this, I have stumbled on a puzzle. The rent-seeking activity found in major societies is immense, but the industry devoted to producing it is nowhere near as immense. In Washington the rent-seeking industry is a very conspicuous part of the landscape. On the other hand, if you consider how much money is being moved by that industry, then it is comparatively small. The first question that this book seeks to answer is: How do we account for the disparity? A second problem is that almost all rent seeking is done in what superficially appears to be an extremely inefficient way. I recently got estimates of the net cost to the public of the farm program and its net benefit to the farmers. The first is many times the second. Indeed, it is not at all obvious that in the long run, today's farmers are better off than they would be if the program had never been implemented. Of course, in any given year, cancelling the program would be quite painful. The first section of this book, then, is devoted to this problem.
The Political Economy Of Rent Seeking
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Author : Charles Rowley
language : en
Publisher: Springer Science & Business Media
Release Date : 1988-01-31
The Political Economy Of Rent Seeking written by Charles Rowley and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-01-31 with Business & Economics categories.
It is now twenty years since the concept of rent-seeking was first devised by Gordon Tullock, though he was not responsible for coining the phrase itself. His initial insight has burgeoned over two decades into a major research program which has had an impact not only on public choice, but also on the related disciplines of economics, political science, and law and economics. The reach of the insight has proved to be universal, with relevance not just for the democracies, but also, and arguably more important, for all forms of autocracy, irrespective of ideological com plexion. It is not surprising, therefore, that this volume is the third edited publication dedicated specifically to scholarship into rent-seeking behavior. The theory of rent-seeking bridges normative and positive analyses of state action. In its normative dimension, rent-seeking scholarship has expanded, enlivened, in some respects turned on its head, the traditional welfare analyses of such features of modern economics as monopoly, externalities, public goods, and trade protection devices. In its positive dimension, rent-seeking contributions have provided an important analy tical perspective from which to understand and to predict the behavior of politicians, interest groups and bureaucrats, the media and the academy within the political market place. This bridge between normative and positive elements of analysis is invaluable in facilitating an understanding of and evaluating the costs of state activity within a consistent paradigm.
40 Years Of Research On Rent Seeking 1
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Author : Roger D. Congleton
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-08-01
40 Years Of Research On Rent Seeking 1 written by Roger D. Congleton and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-08-01 with Business & Economics categories.
The last survey of the rent-seeking literature took place more than a decade ago. Since that time a great deal of new research has been published in a wide variety of journals, covering a wide variety of topics. The scope of that research is such that very few researchers will be familiar with more than a small part of contemporary research, and very few libraries will be able to provide access to the full breadth of that research. This two-volume collection provides an extensive overview of 40 years of rent-seeking research. The volumes include the foundational papers, many of which have not been in print for two decades. They include recent game-theoretic analyses of rent-seeking contests and also appHcations of the rent-seeking concepts and methodology to economic regulation, international trade policy, economic history, poUtical com petition, and other social phenomena. The new collection is more than twice as large as any previous collection and both updates and extends the earlier surveys. Volume I contains previously published research on the theory of rent-seeking contests, which is an important strand of contemporary game theory. Volume II contains previously pubHshed research that uses the theory of rent-seeking to an alyze a broad range of public policy and social science topics. The editors spent more than a year assembling possible papers and, although the selections fill two large volumes, many more papers could have been included.
The Political Economy Of Rent Seeking
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Author : Charles Rowley
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-04-17
The Political Economy Of Rent Seeking written by Charles Rowley and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-17 with Business & Economics categories.
It is now twenty years since the concept of rent-seeking was first devised by Gordon Tullock, though he was not responsible for coining the phrase itself. His initial insight has burgeoned over two decades into a major research program which has had an impact not only on public choice, but also on the related disciplines of economics, political science, and law and economics. The reach of the insight has proved to be universal, with relevance not just for the democracies, but also, and arguably more important, for all forms of autocracy, irrespective of ideological com plexion. It is not surprising, therefore, that this volume is the third edited publication dedicated specifically to scholarship into rent-seeking behavior. The theory of rent-seeking bridges normative and positive analyses of state action. In its normative dimension, rent-seeking scholarship has expanded, enlivened, in some respects turned on its head, the traditional welfare analyses of such features of modern economics as monopoly, externalities, public goods, and trade protection devices. In its positive dimension, rent-seeking contributions have provided an important analy tical perspective from which to understand and to predict the behavior of politicians, interest groups and bureaucrats, the media and the academy within the political market place. This bridge between normative and positive elements of analysis is invaluable in facilitating an understanding of and evaluating the costs of state activity within a consistent paradigm.
The Paradox Of Violence In Venezuela
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Author : David Smilde
language : en
Publisher: University of Pittsburgh Press
Release Date : 2023-05-30
The Paradox Of Violence In Venezuela written by David Smilde and has been published by University of Pittsburgh Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-30 with History categories.
Crime and violence soared in twenty-first-century Venezuela even as poverty and inequality decreased, contradicting the conventional wisdom that these are the underlying causes of violence. The Paradox of Violence in Venezuela explains the rise of violence under both Hugo Chávez and Nicolás Maduro—leftist presidents who made considerable investment in social programs and political inclusion. Contributors argue that violence arose not from the frustration of inequality, or the needs created by poverty, but rather from the interrelated factors of a particular type of revolutionary governance, extraordinary oil revenues, a reliance on militarized policing, and the persistence of concentrated disadvantage. These factors led to dramatic but unequal economic growth, massive institutional and social change, and dysfunctional criminal justice policies that destabilized illicit markets and social networks, leading to an increase in violent conflict resolution. The Paradox of Violence in Venezuela reorients thinking about violence and its relationship to poverty, inequality, and the state.
Revisiting National Security
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Author : Prabhakaran Paleri
language : en
Publisher: Springer Nature
Release Date : 2022-05-10
Revisiting National Security written by Prabhakaran Paleri and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-10 with Social Science categories.
This book examines the evolving concept of national security and how human systems could be governed in an ever turbulent and dynamic world. It takes a revised look at the concept of national security, previously researched and identified by the author, based on the present context but with a futuristic appreciation of governance, primarily national but extended to global perspectives, in the modern and dynamically shifting world. The book emphasises the need for governments to maximise national security for the well-being of their people. The concept of national security is taken as the key subject of national governance which is extendable to global governance wherein national security is not only the physical or military security alone but also the overall well-being of the people of a nation. This book explores how national security can be achieved by balancing its various elements in different terrains where the game of governance is played in national as well as global perspective. It also presents additional findings and observations to show that the approach is transformative, redefining the key knowledge paradigms. This book is relevant for policy makers, students, researchers and academics who wish to explore and rethink their approach towards governing the human systems, whose well-being is the responsibility of governments.
International Economics
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Author : Rajat Acharyya
language : en
Publisher: Oxford University Press
Release Date : 2023-02-17
International Economics written by Rajat Acharyya and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-02-17 with Business & Economics categories.
Complementing trade theories with relevant trade empirics, this book covers three aspects of the study of International Economics: pure theory of trade, trade policy, and theory of Balance of Payments (BoP) and exchange rate. In the first part, it discusses the basic principles of international trade between dissimilar countries as well as between similar countries, and implications thereof in terms of welfare, income distribution, and growth. The approach taken here is distinctly different from that in most of the existing textbooks on international economics. Instead of model-specific discussions of the basic issues, it discusses the basic principles governing trade, gains from trade, and characteristics of international equilibrium in the context of a general trading environment of open economies. Subsequently, specific models of trade are introduced as alternative theoretical explanations for the basic principles of trade. In the second part, a wide range of policy issues are analysed including unilateral trade restrictions and promotions; reciprocatory trade policy choices through regionalism; product standards that regulate trade between developed and developing countries; and implications of capital inflow, FDI, fragmentation, and global value chains. In the third part, the book discusses different currency and exchange rate regimes and their implications for a country's balance of payments and foreign exchange reserves. Drawing upon the basic theories, it studies expenditure-reducing and expenditure-switching policies to correct for BoP imbalances under a pegged exchange rate regime. Finally, some reflections on the choice of exchange rate regime and optimum currency area wind up discussions of monetary issues in international economics.