The social cost of rent seeking in Europe

European Journal of Political Economy

Volumn 25, Issue 3, 2009, Pages 280-299

  Angelopoulos, Konstantinos ^a   Philippopoulos, Apostolis ^a,b,c   Vassilatos, Vanghelis ^b  

^a UNIVERSITY OF GLASGOW   (United Kingdom)

^b ATHENS UNIVERSITY OF ECONOMICS AND BUSINESS   (Greece)

^c CESIFO   (Germany)

Author keywords

Privilege; Public spending; Rent extraction; Rent seeking; Taxation

Indexed keywords

EID: 67651154109     PISSN: 01762680     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejpoleco.2009.06.001     Document Type: Article

References (34)

1. Baik K.H., and Lee S. Collective rent seeking when sharing rules are private information. European Journal of Political Economy 23 (2007) 768-776
2. Baik K.H., Dijkstra B., Lee S., and Lee S.Y. The equivalence of rent-seeking outcomes for competitive-share and strategic groups. European Journal of Political Economy 22 (2006) 337-342
3. Baxter M., and King R.G. Fiscal policy in general equilibrium. American Economic Review 83 (1993) 315-334
4. Burnside C., and Eichenbaum M. Factor-hoarding and the propagation of business-cycle shocks. American Economic Review 86 (1996) 1154-1174
5. Chang Y., and Kim S.B. Heterogeneity and aggregation: implications for labor-market fluctuations. American Economic Review 97 (2007) 1939-1956
6. Cheikbossian G. Heterogeneous groups and rent-seeking for public goods. European Journal of Political Economy 24 (2008) 133-150
7. Christiano L.J., and Eichenbaum M. Current real business cycle theories and aggregate labor market fluctuations. American Economic Review 82 (1992) 430-450
8. Congleton, R.D., Hillman, A.L., Konrad, K.A., (Eds.), 2008a. Forty Years of Research on Rent Seeking, Volume 1: Theory of Rent Seeking, Volume 2: Applications: Rent Seeking in Practice. Springer, Berlin.
9. Congleton, R.D., Hillman, A.L., Konrad, K.A., 2008b. Forty years of researchon rent seeking: an overview. In Congleton, R.D. et al (Eds.), Forty Years of Research on Rent Seeking, Volume 1: Theory of Rent Seeking, Springer, pp. 1-42.
10. Correia I., Neves J.C., and Rebelo S.T. Business cycles in a small open economy. European Economic Review 39 (1995) 1089-1113
11. Fagan G., Henry J., and Mestre R. An area-wide model (AWM) for the euro area. Working Paper, no. 42 (2001), European Central Bank, (ECB), Frankfurt
12. Fisman R., and Gatti R. Decentralization and corruption: evidence across countries. Journal of Public Economics 83 (2002) 325-345
13. Glaeser E.L., and Saks R.E. Corruption in America. Journal of Public Economics 90 (2006) 1053-1072
14. Hall R.E. In: Taylor J., and Woodford M. (Eds). Labor market frictions and employment fluctuations. Handbook of Macroeconomics vol. 1B (1999), North-Holland, Amsterdam 1137-1170
15. Hillman A.L. Public Finance and Public Policy: Responsibilities and Limitations of Government. 2nd Edition (2009), Cambridge University Press, New York
16. Hillman A.L., and Ursprung H.W. Political culture and economic decline. European Journal of Political Economy 16, 189-213. In: Congleton R.D., Hillman A.L., and Konrad K.A. (Eds). Forty Years of Research on Rent Seeking. Applications: Rent Seeking in Practice vol. 2 (2000), Springer, Berlin 219-243
17. King R.G., and Rebelo S.T. Resuscitating real business cycles. In: Taylor J., and Woodford M. (Eds) (1999), North-Holland, Amsterdam 927-1007
18. Knack S., and Keefer P. Institutions and economic performance: cross-country tests using alternative institutional measures. Economics and Politics 7 (1995) 207-227
19. Kollintzas T., and Vassilatos V. A small open economy model with transaction costs in foreign capital. European Economic Review 44 (2000) 1515-1541
20. Kydland F.E. Business cycles and aggregate labor market fluctuations. In: Cooley T.F. (Ed). Frontiers of Business Cycle Research (1995), Princeton University Press, Princeton N.J. 126-156
21. Laband D., and Sophocleus J. An estimate of resource expenditures on transfer activity in the United States. Quarterly Journal of Economics 107 (1992) 959-983
22. Lansing K.J. Optimal fiscal policy in a business cycle model with public capital. Canadian Journal of Economics 31 (1998) 337-364
23. Long N.V., and Vousden N. Risk-averse rent seeking with shared rents. Economic Journal 97, 971-985. In: Congleton R.D., et al. (Ed). Forty Years of Research on Rent Seeking. Theory of Rent Seeking vol. 1 (1987), Springer, Berlin 293-307
24. Lucas R. Supply-side economics: an analytical review. Oxford Economic Papers 42 (1990) 293-316
25. Mauro P. The persistence of corruption and slow economic growth. IMF Staff Papers 51 (2004) 1-18
26. Mueller D. Public Choice III (2003), Cambridge University Press, Cambridge
27. Park H., Philippopoulos A., and Vassilatos V. Choosing the size of the public sector under rent seeking from state coffers. European Journal of Political Economy 21 (2005) 830-850
28. Schoonbeck L. Delegation in a group-contest. European Journal of Political Economy 20 (2004) 263-272
29. Smets F., and Wouters R. An estimated dynamic stochastic general equilibrium model of the euro area. Journal of the European Economic Association 1 (2003) 1087-1122
30. Svensson J. Foreign aid and rent seeking. Journal of International Economics 51 (2000) 437-461
31. Tanzi V. Corruption around the world: causes, consequences, scope and cures. IMF Staff Papers 45, 559-594. In: Abed G.T., and Gupta S. (Eds). Governance, Corruption and Economic Performance (1998), International Monetary Fund, Washington, D.C. 19-58
32. Tanzi V., and Schuknecht L. Public Spending in the 20th Century: A Global Perspective (2000), Cambridge University Press, Cambridge
33. Treisman D. The causes of corruption: a cross-national study. Journal of Public Economics 76 (2000) 399-457
34. Zak P., and Knack S. Trust and growth. Economic Journal 111 (2001) 295-321