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  • 1
    Online Resource
    Online Resource
    Cheltenham, U.K : Edward Elgar Publishing
    ISBN: 9781782544944
    Language: English
    Pages: 1 Online-Ressource (xvii, 534 pages) , diagrams
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als Companion to the political economy of rent seeking
    RVK:
    RVK:
    Keywords: Rent-Seeking ; Theorie ; Wirtschaftswissenschaft ; Rent seeking ; Rent (Economic theory) ; Electronic books ; Rent Seeking ; Theorie ; Wirtschaftswissenschaften
    Abstract: The quest for benefit from existing wealth or by seeking privileged benefit through influence over policy is known as rent seeking. Much rent seeking activity involves government and political decisions and is therefore in the domain of political economy, although rent seeking can also take place in personal relations and within firms and bureaucracies. The contributions in this outstanding volume provide an accompaniment or 'companion' to the literature on rent seeking and the related political economy of rent creation and extraction. The chapters, written by leading scholars in the field, demonstrate the centrality of rent-related incentives to the study of economics, politics, culture, public administration and history. The expert and original contributions summarize and extend the literature in both theoretical and applied areas of research. The book begins with a clear and comprehensive description of the theory of rent seeking and of contest design for political and bureaucratic rent extraction. This is followed by a series of case studies showing the relevance of rent seeking for regulatory policies, international-trade policies, public finance, natural-resource discoveries, development aid, behavior in international bureaucracies, litigation and judicial systems. The applied chapters also include overviews of rent seeking and rent extraction in Europe, Russia, Asia, Africa and the US. This volume will appeal to a broad readership, including economists, political scientists and development practitioners, wishing to gain an understanding of the concept of rent seeking. The chapters in this book also provide an excellent introduction to the extensive literature.
    Note: Includes bibliographical references and indexes
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  • 2
    Online Resource
    Online Resource
    Cheltenham, UK : Edward Elgar
    ISBN: 9781785366796
    Language: English
    Pages: 1 Online-Ressource (xix, 599 p) , cm
    Series Statement: Critical perspectives on the global trading system and the WTO 16
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als The WTO and the political economy of trade policy
    DDC: 382.3
    RVK:
    Keywords: World Trade Organization ; World Trade Organization ; World Trade Organization ; Internationale Wirtschaftsbeziehungen ; Internationale Handelspolitik ; Handelsabkommen ; Meistbegünstigung ; Antidiskriminierungsrecht ; Protektionismus ; WTO-Recht ; Commercial policy ; International trade ; Commercial policy ; International trade ; Electronic books ; Aufsatzsammlung ; World Trade Organization ; Weltwirtschaft ; Außenwirtschaftspolitik ; Welthandel
    Abstract: This indispensable volume brings together the key contributions to the academic literature on the subject of the political economy of trade policy. Topics covered include unilateral and multilateral trade policies, international trade agreements and administered protection. In their comprehensive introduction, the editors present an insightful discussion of the political economy approach, the development of multilateral trade agreements, the trade and internal motives that guide unilateral trade policy and the features that characterise unilateralism. This volume is essential for professors, researchers and policymakers concerned with international trade policy
    Abstract: Recommended readings (Machine generated): Harry G. Johnson (1953-54), 'Optimum Tariffs and Retaliation', Review of Economic Studies, 21 (2), 142-53 -- Richard E. Caves (1976), 'Economic Models of Political Choice: Canada's Tariff Structure', Canadian Journal of Economics, IX (2), May, 278-300 -- William A. Brock and Stephen P. Magee (1978), 'The Economics of Special Interest Politics: The Case of the Tariff', American Economic Review, Papers and Proceedings, 68 (2), May, 246-50 -- Arye L. Hillman (1982), 'Declining Industries and Political-Support Protectionist Motives', American Economic Review, 72 (5), December, 1180-87 -- Wolfgang Mayer (1984), 'Endogenous Tariff Formation', American Economic Review, 74 (5), December, 970-85 -- James H. Cassing and Arye L. Hillman (1986), 'Shifting Comparative Advantage and Senescent Industry Collapse', American Economic Review, 76 (3), June, 516-23 -- Jonathan Eaton and Gene M. Grossman (1986), 'Optimal Trade and Industrial Policy Under Oligopoly', Quarterly Journal of Economics, 101 (2), May, 383-406 -- Arye L. Hillman and Heinrich W. Ursprung (1988), 'Domestic Politics, Foreign Interests and International Trade Policy', American Economic Review, 78 (4), September, 729-45 -- Gene M. Grossman and Elhanan Helpman (1994), 'Protection for Sale', American Economic Review, 84 (4), September, 833-50 -- James H. Cassing (1996), 'Protectionist Mutual Funds', European Journal of Political Economy, 12 (1), April, 1-18 -- Pinelopi Koujianou Goldberg and Giovanni Maggi (1999), 'Protection for Sale: An Empirical Investigation', American Economic Review, 89 (5), December, 1135-55 -- JoAnne Feeney and Arye L. Hillman (2004), 'Trade Liberalization Through Asset Markets', Journal of International Economics, 64, 151-67 -- Wilfred J. Ethier (2006), 'Selling "Protection for Sale"', Asia-Pacific Journal of Accounting and Economics, 13, 153-62 -- Wolfgang Mayer (1981), 'Theoretical Considerations on Negotiated Tariff Adjustments', Oxford Economic Papers, New Series, 33 (1), March, 135-53 -- Avinash Dixit (1987), 'Strategic Aspects of Trade Policy', in Truman F. Bewley (ed) (ed.), Advances in Economic Theory: Fifth World Congress, Chapter 9, Cambridge: Cambridge University Press, 329-62 -- Gene M. Grossman and Elhanan Helpman (1995), 'Trade Wars and Trade Talks', Journal of Political Economy, 103 (4), August, 675-708 -- Arye L. Hillman and Peter Moser (1996), 'Trade Liberalization as Politically Optimal Exchange of Market Access', in Matthew B. Canzoneri (ed), Wilfred J. Ethier (ed) and Vittorio Grilli (ed) (eds), The New Transatlantic Economy, Chapter 10, Cambridge: Cambridge University Press, 295-312 -- Giovanni Maggi and Andrés Rodríguez-Clare (1998), 'The Value of Trade Agreements in the Presence of Political Pressures', Journal of Political Economy, 106 (3), June, 574-601 -- Kyle Bagwell and Robert W. Staiger (1999), 'An Economic Theory of GATT', American Economic Review, 89 (1), March, 215-48
    Abstract: Wilfred J. Ethier (2004), 'Political Externalities, Nondiscrimination and a Multilateral World', Review of International Economics, 12 (3), 303-20 -- Warren F. Schwartz and Alan O. Sykes (1996), 'Toward a Positive Theory of the Most Favored Nation Obligation and Its Exceptions in the WTO/GATT System', International Review of Law and Economics, 16 (1), March, 27-51 -- Henrik Horn and Petros C. Mavroidis (2001), 'Economic and Legal Aspects of the Most-Favored-Nation Clause', European Journal of Political Economy, 17, 233-79 -- J.M. Finger, H. Keith Hall and Douglas R. Nelson (1982), 'The Political Economy of Administered Protection', American Economic Review, 72 (3), June, 452-66 -- Robert W. Staiger and Guido Tabellini (1987), 'Discretionary Trade Policy and Excessive Protection', American Economic Review, 77 (5), December, 823-37 -- Kyle Bagwell and Robert W. Staiger (1990), 'A Theory of Managed Trade', American Economic Review, 80 (4), September, 779-95 -- Wilfred J. Ethier (1991), 'The Economics and Political Economy of Managed Trade', in Arye L. Hillman (ed) (ed.), Markets and Politicians: Politicized Economic Choice, Chapter 14, Boston: Kluwer Academic Publishers, 283-306 -- Steven Berry, James Levinsohn and Ariel Pakes (1999), 'Voluntary Export Restraints on Automobiles: Evaluating a Trade Policy', American Economic Review, 89 (3), June, 400-430 -- Wilfred J. Ethier (2002), 'Unilateralism in a Multilateral World', Economic Journal, 112 (479), April, 266-92
    Note: Includes bibliographical references , The recommended readings are available in the print version, or may be available via the link to your library's holdings
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    ISBN: 082132148X
    Language: English
    Pages: Online-Ressource (vi, 345 p) , 24 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: World Bank regional and sectoral studies
    DDC: 338.947
    Keywords: Exports ; Post-communism ; Privatization ; Exports ; Post-communism ; Privatization ; Europe, Eastern Economic policy 1989- ; Europe, Eastern Economic policy 1989-
    Note: Includes bibliographical references
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    ISBN: 0821333887
    Language: English
    Pages: Online-Ressource (xv, 254 p) , ill , 24 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: World Bank regional and sectoral studies
    DDC: 336.4977
    Keywords: Taxation ; Taxation ; Bulgaria Economic policy 1989- ; Bulgaria Economic policy 1989-
    Note: Includes bibliographical references and index
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    Language: English
    Pages: Online-Ressource (58 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Bjørnskov, Christian Trust and Identity in a Small, Post-Socialist, Post-Crisis Society
    Abstract: The principal focus in the substantial literature on impediments to economic development has been on the inadequacies of policies and governance. However, successful economic development requires effectiveness of markets and incentives for investment, which in turn require trust. This paper reports on trust in a development context. The paper uses trust experiments, a post-experiment survey, and econometric analysis relating trust to identity and other personal attributes in the setting of Montenegro, a small, recently-independent, post-socialist, post-crisis society. External validity was sought by providing sufficient material reward to balance identity-related expressive motives and by having two groups of subjects, one usual university students and another group that, while also students, was somewhat older and had had greater market or commercial experience. The paper reviews cultural priors that can be expected to affect trust and distinguishes between generalized trust that can be socially beneficial and particularized trust that can be disadvantageous for development. The empirical results suggest that trust among private individuals is not an impediment to development in Montenegro. As a result, policy reform can improve economic and social outcomes. However, the results redirect the focus to issues of governance and political entrenchment as potential explanations for impediments to development
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 6
    Online Resource
    Online Resource
    Dordrecht : Springer
    ISBN: 9789401138826
    Language: English
    Pages: Online-Ressource (XVI, 368 p) , digital
    Edition: Springer eBook Collection. Humanities, Social Sciences and Law
    Series Statement: Studies in Public Choice 6
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics ; International economics ; Finance ; Finance, Public. ; Political science. ; International economic relations.
    Abstract: I: Economic Policies and Political Motives -- A. Theoretical Perspectives -- 1. Economic Policies and Political Competition -- 2. Voluntary collective action -- 3. Factor income taxation in a representative democracy -- B. Policy Choices -- 4. Macroeconomic stabilization policy: Does politics matter? -- 5. Accidental freedom -- 6. Europe 1992: From the common to the single market -- II: Markets and Socialism -- A. Market Socialism in Eastern Europe -- 7. Markets and ownership in socialist countries in transition -- 8. Socialism in less than one country -- B. Transitionary Policies -- 9. Restoring property rights -- 10. Liberalization dilemmas -- C. Economic Change in China -- 11. The failure of recentralization in China: Interplays among enterprises, local governments, and the center -- 12. Market-oriented reform and fiscal policy -- III: International Economic Policy -- A. International Trade -- 13. The political-economy perspective on trade policy -- 14. The economics and political economy of managed trade -- 15. Changes in trade-policy regimes -- B. International Monetary Transaction -- 16. Foreign-exchange markets and central-bank intervention -- 17. The political economy of the international debt crisis -- 18. Foreign-exchange market liberalization: Anatomy of a failure.
    Abstract: Arye L. Hillman There has been much economic theorizing directed at providing the politician with guidance in the design of policies that will amend market outcomes in ways that achieve specified efficiency or equity objectives. It has been common practice in economic models to portray the politician who implements the policy recommendations as a mechanistic individual who behaves as would a benevolent dictator to maximize a prespecified conception of social welfare or the utility of a representative consumer. The self-interest and discretion that is attributed to firms and consumers as optimizing agents is absent from the motives of such a politician. Economic policy choice is thereby depoliticized. How well depoliticized economic theory fares in explaining or predicting economic policy choice depends naturally enough upon how politicized is the economic system in which economic and political agents function. The papers in this volume recognize that politicians may exercise sufficient discretion so as not to behave mechanistically in correcting market inefficiencies or in pursuit of a somehow specified just income distribution. Since politicians are viewed as self-interested optimizing agents, just as are utility-maximizing consumers and profit-maximizing producers, the choice of economic policies is politicized. Coverage is provided of a broad spectrum of economic policy choice where markets and politicians interact. Section I is concerned with policy determination in western market economies, Section II with the introduction of markets into economies in transition from socialism, and Section III with international transactions.
    URL: Volltext  (lizenzpflichtig)
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