The Cost of Rent Seeking: Is GNP Negative?

@article{Dougan1991TheCO,
  title={The Cost of Rent Seeking: Is GNP Negative?},
  author={W. R. Dougan},
  journal={Journal of Political Economy},
  year={1991},
  volume={99},
  pages={660 - 664}
}
  • W. R. Dougan
  • Published 1991
  • Economics
  • Journal of Political Economy
The analysis of rent-seeking behavior, pioneered by Tullock (1967), Krueger (1974), and Posner (1975) and extended by numerous scholars, has caused many economists to reevaluate their thinking about the cost of government policies that alter the distribution of income, which is to say all government policies. Recently, several attempts have been made to measure the aggregate costs of rent-seeking activity for the United States. Laband and Sophocleus (1988) present the first published estimates… Expand
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