Rent extraction
Initiator | Fred S. Mcchesney[1] |
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Introduced | 1987 |
Origin | Rent Extraction and Rent Creation in the Economic Theory of Regulation[2] |
Rent extraction | |
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Hanyu Pinyin | Chōuzū |
Rent extraction
"Rent extraction" means the ability of
Rent extraction, together with rent creation and
Hillman and Katz found that there was a collision between the benefits of lower and upper level officials when it came to rent extraction. The more rent extraction that occurs at the lower levels of governance, the less the upper officials can "harvest". As a result, officials at the upper levels of rent collection have an incentive to adopt rules and regulations that limit the types of rent collection allowed by lower-level officials.[12]
See also
References
- ISBN 978-1-108-47177-0.
- ISBN 978-3-540-79185-0.
- ^ Thomas J. DiLorenzo (Jul 20, 2012). "Organized Crime: The Unvarnished Truth About Government" (PDF). Mises Institute.
- ^ Martin Wolf (Jun 16, 2021). "U.S. Should Abandon False Promises of Protectionism". Financial Times.
- ISBN 978-7-80230-190-0.
- ISBN 978-986-492-737-1.
- ^ Henry N. Butler, Jonathan R. Macey. Cornell Law Review (14 September 1994). "Health Care Reform: Perspectives from theEconomic Theory of Regulation and the EconimcTheory of Statutory Interpretation". Yale Law School.
- ^ Cornell Law Review (28 November 2009). "Section of Taxation - Federal Bar Association" (PDF). Federal Bar Association.
- ISBN 978-0-674-58330-6.
- ISBN 978-1-84980-603-9.
- ISBN 978-0-19-046973-3.
- ISBN 978-1-136-64883-0.