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Rent Intensity and Economic Mediocrity
Philippine Review of Economics, 1994Using the share society as a metaphor for the economic system, we construct a microfoundation for the stylized observations about rent-seeking and economic performance. We introduce the concept of rent intensity and show that at symmetric Cournot-Nash equilibrium it falls as value-adding productivity rises, rises with rent-seeking reward and with ...
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Blocking patents, rent protection and economic growth
Review of Economic Dynamics, 2022Michael A. Klein, Yibai Yang
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Banking and Economic Rent in Asia: Rent Effects, Financial Fragility, and Economic Development
Southeast Asian Economies, 2018Yasushi Suzuki +4 more
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