Trends of Rent-seeking Theory

Latkov, Andrey (2014): Trends of Rent-seeking Theory.

Abstract

The article discusses the origin and development of the rent-seeking theory. The interim results of the rent-seeking theory are summarized. The main trends in the rent-seeking theory development are presented in modern conditions.

• Item Type: MPRA Paper
• Language: English
• Keywords: Rent-seeking, “Virginian School”, criticism, inputs, outputs, effects, trends
• Subjects: D - Microeconomics > D3 - Distribution > D33 - Factor Income Distribution; D - Microeconomics > D7 - Analysis of Collective Decision-Making > D72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior

References

1. Alesina A., Roubini N., Cohen G. Political Cycles and the Macroeconomy, Cambridge, MA: MIT Press. 1997.

2. Anderson, Garry M.; Rowley, Charles K. and Tollison, Robert D. (1988). Rent-Seeking and the Restriction of Human Exchange. In: Journal of Legal Studies; Vol. 27, pp. 83-100, January 1988.

3. Brooks, Michael A.; Heijdra, Ben J. and Lowenberg, Anton D. (1990). Productive Versus Unproductive Labor and Rent Seeking: Lessons from History. In: Journal of Institutional and Theoretical Economics; Vol. 146, Iss. 3, pp. 419-38, September 1990. P. 432.

4. Fischer, Pius (2004). Rent-Seeking, Institutions and Reforms in Africa: Theory and Empirical Evidence for Tanzania. PhD Thesis submitted to the University of Konstanz, Germany in January 2004. Edited version, September 2004 (minor corrections added in July 2005).

5. Haynes S., Stone J. Political Models of the Business Cycle Should Be Revived // Economic Inquiry. 1987. Vol. 28. Р. 442-465.

6. Khan, M.H. and Jomo K.S. ed. (2000). Rents, Rent-Seeking and Economic Development: Theory and Evidence in Asia. Cambridge: Cambridge University Press, 2000.

7. Krueger, A.O. (1974). The Political Economy of the Rent-Seeking Society, American Economic Review 64.

8. Nitzan S. Modelling Rent-Seeking Contests. – European Journal of Political Economy, 1994, vol. 10, No 1

9. Nordhaus W. The Political Business Cycle // Review of Economic Studies. 1975. Vol. 42. Р. 169-189.

10. Posner, R.A. (1975). The Social Costs of Monopoly and Regulation, Journal of Political Economy 83.

11. Rowley, Charles K. (2000). Political Culture and Economic Performance in Sub-Saharan Africa. In: European Journal of Political Economy; Vol. 16, No. 1, pp. 133-58, March 2000.

12. Samuels, W.J. and Mercuro, N. 1984. A Critique of Rent-Seeking Theory, in Colander, D.C. (ed.) Neoclassical Political Economy: The Analysis of Rent-Seeking and DUP Activities. Cambridge Massachusetts: Ballinger Publishing Company

13. Tollison, Robert D. (1982). Rent Seeking: A Survey. In: Kyklos; Vol. 35, Iss. 4, pp. 575-602, 1982. Р. 578.

14. Tullock, Gordon (1980). Efficient Rent-Seeking. In James M. Buchanan (ed.): Toward a Theory of the Rent-Seeking Society; A & M University Press, Texas 1980.

15. Varian, H.R. (1989) Measuring the Deadweight Costs of DUP and Rent Seeking Activities, Journal of Economics and Politics, 81-95.

16. Познер Р. Экономический анализ права. СПб.: Экономическая школа, 2003.

17. Эггертссон Т. Экономическое поведение и институты. М: Дело, 2001.