Knowledge

Rent extraction

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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
163:. It emerges when political decision makers derive benefits from the rents they generate. And the beneficiaries of rent extraction can also be local governments at all levels and the private individuals. 1171: 152:
that want to be free from regulatory interference. This strategy is in particular useful when a group has made specific capital investments that can be expropriated in the political process.
998: 174:. However, the three are distinct and rent extraction is arguably the most important of the three, since the other two are ultimately motivated by rent extraction. 1293: 159:
to squeeze payments (i.e. "rents") in some form in exchange for favorable legislation. The term presents a conscious, welfare maximization strategy by individual
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rent collection have an incentive to adopt rules and regulations that limit the types of rent collection allowed by lower-level officials.
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40 Years of Research on Rent Seeking 2: Applications: Rent Seeking in Practice
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Michael Reksulak; Laura Razzolini; William F. Shughart (1 January 2013).
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Money for Nothing: Politicians, Rent Extraction, and Political Extortion
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Commission for the Prevention of Corruption of the Republic of Slovenia
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Roger D. Congleton; Bernard N. Grofman; Stefan Voigt (8 January 2019).
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Rent Extraction and Rent Creation in the Economic Theory of Regulation
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Rent Extraction and Rent Creation in the Economic Theory of Regulation
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Roger D. Congleton; Arye L. Hillman; Kai A. Konrad (1 August 2008).
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Political Capitalism: How Political Influence Is Made and Maintained
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Special Investigation Service of the Republic of Lithuania
281:"Organized Crime: The Unvarnished Truth About Government" 1294:
International Association of Anti-Corruption Authorities
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Governance and Economic Management Assistance Program
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Independent Commission Against Corruption (Hong Kong)
450: 305:"U.S. Should Abandon False Promises of Protectionism" 96: 1032:
Anti-corruption and Economic Malpractice Observatory
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Institutional Economics and National Competitiveness
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Citizen's Charter and Grievance Redressal Bill 2011
278: 241: 216: 401: 382: 425: 166:Rent extraction, together with rent creation and 144:take advantage of the threat of implementing new 1378: 317: 129:Fred S. Mcchesney (1948–2017) in his 1987 essay 518: 404:"Section of Taxation - Federal Bar Association" 327:The construction of service-oriented government 1201:Central Steering Committee for Anti-Corruption 1068:Fiji Independent Commission Against Corruption 999:UNCAC Coalition of Civil Society Organisations 562: 419: 348: 66: 1304:United Nations Convention against Corruption 1284:Inter-American Convention Against Corruption 323: 170:, determines the extent and distribution of 1342:Movement for Peace with Justice and Dignity 1177:Anti-Corruption and Civil Rights Commission 1021:Australian Criminal Intelligence Commission 302: 210: 1189:National Anti-Corruption Bureau of Ukraine 1085:Corruption Prevention and Combating Bureau 569: 555: 354: 1119:Independent Corrupt Practices Commission 512: 383:Cornell Law Review (14 September 1994). 358:Contemporary Western School of Economics 1161:Sierra Leone Anti-corruption Commission 1026:Anti-Corruption Commission (Bangladesh) 402:Cornell Law Review (28 November 2009). 155:"Rent extraction" means the ability of 1379: 1249:Freedom of information laws by country 1166:Corrupt Practices Investigation Bureau 1113:Anti-Corruption Commission of Myanmar 1055:Commission Against Corruption (Macau) 984:International Anti-Corruption Academy 550: 256:Springer Science & Business Media 125:) is a notion formulated by American 1332:2012 Indian anti-corruption movement 1327:2011 Indian anti-corruption movement 1108:Malaysian Anti-Corruption Commission 1038:National Anti-Corruption Observatory 491:The Oxford Handbook of Public Choice 460:The Elgar Companion to Public Choice 381:Henry N. Butler, Jonathan R. Macey. 279:Thomas J. DiLorenzo (Jul 20, 2012). 217:Randall G. Holcombe (19 July 2018). 1254:The Lokpal and Lokayuktas Act, 2013 1149:National Anticorruption Directorate 1143:Anti-Corruption General Directorate 13: 979:Group of States Against Corruption 14: 1408: 1155:Investigative Committee of Russia 148:to obtain political support from 1347:Russian anti-corruption campaign 1337:Anti-austerity movement in Spain 1244:Foreign Extortion Prevention Act 519:Young Back Choi (29 July 2011). 332:Social Sciences Literature Press 1183:Servicio de Vigilancia Aduanera 1044:National Supervisory Commission 1131:Investigation Task Force Sweep 1125:National Accountability Bureau 597:Corruption in local government 585:Corruption in different fields 576: 395: 375: 296: 272: 97: 67: 1: 1239:Foreign Corrupt Practices Act 1137:Central Anticorruption Bureau 355:Hu Xining (16 January 2018). 203: 1299:OECD Anti-Bribery Convention 1289:International asset recovery 1073:Central Vigilance Commission 628:Corruption Perceptions Index 303:Martin Wolf (Jun 16, 2021). 7: 1357:2017–2019 Romanian protests 181: 10: 1413: 1362:2017–2018 Russian protests 994:Transparency International 969:Global Financial Integrity 426:Fred S. McChesney (1997). 225:Cambridge University Press 1322:2011 Azerbaijani protests 1312: 1272: 1223: 1214: 1007: 961: 952: 907: 809: 799:Offshore financial centre 650: 641: 620: 602:Interest group corruption 584: 122: 108: 90: 83: 78: 74: 60: 56: 51: 37: 29: 21: 1264:Whistleblower protection 752:Cryptocurrency and crime 434:Harvard University Press 633:Economics of corruption 496:Oxford University Press 465:Edward Elgar Publishing 412:Federal Bar Association 1259:UK Bribery Act of 2010 1015:Oficina AnticorrupciĂłn 764:Noble cause corruption 621:Measures of corruption 1387:Factors of production 989:Mo Ibrahim Foundation 769:Professional courtesy 732:Honest services fraud 324:Wu Shenggong (2006). 1397:Public choice theory 1392:Political corruption 953:Institutions dealing 687:Conflict of interest 612:Political corruption 794:Offshore investment 133:. It refers to the 18: 1195:Warioba Commission 1133:(Papua New Guinea) 877:Regulatory capture 682:Commercial bribery 16: 1374: 1373: 1370: 1369: 1210: 1209: 948: 947: 925:Election security 872:Political scandal 607:Police corruption 536:978-1-136-64883-0 505:978-0-19-046973-3 498:. pp. 546–. 474:978-1-84980-603-9 467:. pp. 316–. 443:978-0-674-58330-6 368:978-986-492-737-1 341:978-7-80230-190-0 265:978-3-540-79185-0 258:. pp. 313–. 234:978-1-108-47177-0 227:. pp. 123–. 112: 111: 104: 103: 85:Standard Mandarin 47: 46: 25:Fred S. Mcchesney 1404: 1221: 1220: 959: 958: 940:Vote suppression 827:Crony capitalism 757:Hawala and crime 747:Money laundering 727:Graft (politics) 707:Confidence trick 648: 647: 642:Forms or aspects 571: 564: 557: 548: 547: 541: 540: 529:. pp. 49–. 516: 510: 509: 485: 479: 478: 454: 448: 447: 423: 417: 416: 408: 399: 393: 392: 379: 373: 372: 352: 346: 345: 321: 315: 314: 300: 294: 293: 285: 276: 270: 269: 245: 239: 238: 214: 124: 100: 99: 76: 75: 70: 69: 49: 48: 19: 15: 1412: 1411: 1407: 1406: 1405: 1403: 1402: 1401: 1377: 1376: 1375: 1366: 1314: 1308: 1276: 1274: 1268: 1225: 1216:Anti-corruption 1206: 1003: 955:with corruption 954: 944: 920:Electoral fraud 915:Ballot stuffing 903: 805: 643: 637: 616: 592:Corporate crime 580: 575: 545: 544: 537: 517: 513: 506: 486: 482: 475: 455: 451: 444: 436:. pp. 3–. 424: 420: 406: 400: 396: 389:Yale Law School 380: 376: 369: 353: 349: 342: 322: 318: 310:Financial Times 301: 297: 289:Mises Institute 283: 277: 273: 266: 246: 242: 235: 215: 211: 206: 184: 150:interest groups 139:entrepreneurial 115:Rent extraction 52:Rent extraction 17:Rent extraction 12: 11: 5: 1410: 1400: 1399: 1394: 1389: 1372: 1371: 1368: 1367: 1365: 1364: 1359: 1354: 1349: 1344: 1339: 1334: 1329: 1324: 1318: 1316: 1310: 1309: 1307: 1306: 1301: 1296: 1291: 1286: 1280: 1278: 1270: 1269: 1267: 1266: 1261: 1256: 1251: 1246: 1241: 1236: 1229: 1227: 1218: 1212: 1211: 1208: 1207: 1205: 1204: 1198: 1192: 1186: 1180: 1174: 1169: 1163: 1158: 1152: 1146: 1140: 1134: 1128: 1122: 1116: 1110: 1105: 1099: 1094: 1088: 1082: 1076: 1070: 1065: 1059: 1058: 1057: 1052: 1041: 1035: 1029: 1023: 1018: 1011: 1009: 1005: 1004: 1002: 1001: 996: 991: 986: 981: 976: 974:Global Witness 971: 965: 963: 956: 950: 949: 946: 945: 943: 942: 937: 932: 930:Gerrymandering 927: 922: 917: 911: 909: 905: 904: 902: 901: 896: 891: 890: 889: 879: 874: 869: 864: 859: 854: 849: 847:Ghost soldiers 844: 839: 834: 829: 824: 819: 813: 811: 807: 806: 804: 803: 802: 801: 796: 786: 781: 776: 771: 766: 761: 760: 759: 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1178: 1175: 1173: 1170: 1167: 1164: 1162: 1159: 1156: 1153: 1150: 1147: 1144: 1141: 1138: 1135: 1132: 1129: 1126: 1123: 1120: 1117: 1114: 1111: 1109: 1106: 1103: 1100: 1098: 1095: 1092: 1089: 1086: 1083: 1080: 1077: 1074: 1071: 1069: 1066: 1063: 1060: 1056: 1053: 1051: 1048: 1047: 1045: 1042: 1039: 1036: 1033: 1030: 1027: 1024: 1022: 1019: 1016: 1013: 1012: 1010: 1006: 1000: 997: 995: 992: 990: 987: 985: 982: 980: 977: 975: 972: 970: 967: 966: 964: 962:International 960: 957: 951: 941: 938: 936: 933: 931: 928: 926: 923: 921: 918: 916: 913: 912: 910: 906: 900: 897: 895: 894:State capture 892: 888: 885: 884: 883: 880: 878: 875: 873: 870: 868: 865: 863: 860: 858: 855: 853: 850: 848: 845: 843: 840: 838: 837:Elite capture 835: 833: 830: 828: 825: 823: 820: 818: 815: 814: 812: 808: 800: 797: 795: 792: 791: 790: 787: 785: 782: 780: 777: 775: 772: 770: 767: 765: 762: 758: 755: 753: 750: 749: 748: 745: 743: 740: 738: 735: 733: 730: 728: 725: 723: 720: 718: 715: 713: 710: 708: 705: 701: 698: 696: 693: 692: 690: 688: 685: 683: 680: 678: 675: 673: 670: 668: 664: 661: 659: 656: 655: 653: 649: 646: 644:of corruption 640: 634: 631: 629: 626: 625: 623: 619: 613: 610: 608: 605: 603: 600: 598: 595: 593: 590: 589: 587: 583: 579: 572: 567: 565: 560: 558: 553: 552: 549: 538: 532: 528: 524: 523: 515: 507: 501: 497: 493: 492: 484: 476: 470: 466: 462: 461: 453: 445: 439: 435: 431: 430: 422: 414: 413: 405: 398: 390: 386: 378: 370: 364: 360: 359: 351: 343: 337: 333: 329: 328: 320: 312: 311: 306: 299: 291: 290: 282: 275: 267: 261: 257: 253: 252: 244: 236: 230: 226: 222: 221: 213: 209: 199: 198:Economic rent 196: 194: 191: 189: 186: 185: 179: 175: 173: 169: 164: 162: 161:statespersons 158: 153: 151: 147: 143: 140: 136: 132: 128: 120: 116: 107: 95: 93: 89: 86: 82: 77: 73: 65: 63: 59: 55: 50: 43: 40: 36: 32: 28: 24: 20: 1104:(Madagascar) 1028:(Bangladesh) 935:Vote pairing 887:Rent-setting 882:Rent-seeking 842:Failed state 742:Match fixing 712:Embezzlement 691:Corporation 663:Black market 521: 514: 490: 483: 459: 452: 428: 421: 410: 397: 388: 377: 357: 350: 326: 319: 308: 298: 287: 274: 250: 243: 219: 212: 193:Rent-setting 188:Rent-seeking 176: 168:rent seeking 165: 154: 130: 114: 113: 92:Hanyu Pinyin 41: 1277:and efforts 1275:instruments 1226:enforcement 1168:(Singapore) 1081:(Indonesia) 1017:(Argentina) 899:State crime 857:Mafia state 852:Kleptocracy 817:Clientelism 784:Tax evasion 667:Grey market 146:regulations 142:politicians 1381:Categories 1352:Yo Soy 132 1197:(Tanzania) 1127:(Pakistan) 1040:(Cameroon) 867:Plutocracy 822:Coronelism 779:Slush fund 578:Corruption 204:References 135:phenomenon 30:Introduced 1315:movements 1235:(pending) 1203:(Vietnam) 1191:(Ukraine) 1151:(Romania) 1145:(Romania) 1121:(Nigeria) 1115:(Myanmar) 1093:(Liberia) 1064:(Croatia) 1034:(Burundi) 908:Elections 789:Tax haven 717:Extortion 677:Collusion 658:Baksheesh 527:Routledge 157:lawmakers 137:by which 22:Initiator 1224:Laws and 1157:(Russia) 1139:(Poland) 1087:(Latvia) 1046:(China) 1008:National 862:Nepotism 832:Cronyism 737:Kickback 182:See also 1313:Protest 1185:(Spain) 1075:(India) 774:Scandal 672:Bribery 651:General 119:Chinese 62:Chinese 1102:BIANCO 533:  502:  471:  440:  365:  338:  262:  231:  127:jurist 121:: 98:ChĹŤuzĹ« 38:Origin 1062:USKOK 810:State 722:Fraud 700:Shell 695:Dummy 407:(PDF) 284:(PDF) 172:rents 531:ISBN 500:ISBN 469:ISBN 438:ISBN 363:ISBN 336:ISBN 260:ISBN 229:ISBN 33:1987 1079:KPK 1383:: 665:/ 525:. 494:. 463:. 432:. 409:. 387:. 334:. 330:. 307:. 286:. 254:. 223:. 123:抽租 68:抽租 570:e 563:t 556:v 539:. 508:. 477:. 446:. 415:. 391:. 371:. 344:. 313:. 292:. 268:. 237:. 117:(

Index

Chinese
Standard Mandarin
Hanyu Pinyin
Chinese
jurist
phenomenon
entrepreneurial
politicians
regulations
interest groups
lawmakers
statespersons
rent seeking
rents
Rent-seeking
Rent-setting
Economic rent
Political Capitalism: How Political Influence Is Made and Maintained
Cambridge University Press
ISBN
978-1-108-47177-0
40 Years of Research on Rent Seeking 2: Applications: Rent Seeking in Practice
Springer Science & Business Media
ISBN
978-3-540-79185-0
"Organized Crime: The Unvarnished Truth About Government"
Mises Institute
"U.S. Should Abandon False Promises of Protectionism"
Financial Times
The construction of service-oriented government

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