Rent Seeking /
This paper examines the relationship between rent seeking and economic performance when governments cannot enforce property rights. With imperfect credit markets and a fixed cost of rent seeking, only wealthy agents choose to engage in it, since it enables them to protect their wealth from expropria...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2005/043 |
| Accés en línia: | Full text available on IMF |