TY  - BOOK
AU  - Krueger, Anne O
TI  - The political economy of the Rent-Seeking Society
T2  - American Economic Review
U1  - H 1890 n. 3, 1974 
PB  - American Economic Association
KW  - COMERCIO INTERNACIONAL
KW  - MERCADO INTERNACIONAL
KW  - ACTIVIDAD ECONOMICA
KW  - COMPETITIVIDAD
KW  - MERCADO MUNDIAL
N1  - Incluye bibliografía
N2  - In many market-oriented economies, government restrictions upon economic activity are pervasive facts of life. These restrictions give rise to rents of a variety of forms, and people often compete for the rents. Sometimes, such competition is perfectly legal. In other instances, rent seeking takes other forms, such as bribery, corruption, smuggling, and black markets. It is the purpose of this paper to show some of the ways in which rent seeking is competitive, and to develop a simple model of competitive rent seeking for the important case when rents originate from quantitative restrictions upon international trade. A preliminary section of the paper is concerned with the competitive nature of rent seeking and the quantitative importance of rents for two countries, India and Turkey. In the second section, a formal model of rent seeking under quantitative restrictions on trade is developed and the propositions indicated above are established. A final section outlines some other forms of rent seeking and suggests some implications of the analysis
ER  -