A model of capital accumulation and rent-seeking

Detalhes bibliográficos
Autor(a) principal: Barelli, Paulo
Data de Publicação: 2002
Outros Autores: Pessôa, Samuel de Abreu
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/750
Resumo: A simple model incorporating rent-seeking into the standard neoclassical model of capital accumulation is presented. It embodies the idea that the performance of an economy depends on the efficiency of its institutions. It is shown that welfare is positively affected by the institutional efficiency, although output is not necessarily so. It is also shown that an economy with a monopolistic rent-seeker performs better than one with a competitive rent-seeking industry.
id FGV_59bf566e700020a8ab13c5559be30f03
oai_identifier_str oai:repositorio.fgv.br:10438/750
network_acronym_str FGV
network_name_str Repositório Institucional do FGV (FGV Repositório Digital)
repository_id_str 3974
spelling Barelli, PauloPessôa, Samuel de AbreuEscolas::EPGEFGV2008-05-13T15:32:47Z2010-09-23T18:57:10Z2008-05-13T15:32:47Z2010-09-23T18:57:10Z2002-06-010104-8910http://hdl.handle.net/10438/750A simple model incorporating rent-seeking into the standard neoclassical model of capital accumulation is presented. It embodies the idea that the performance of an economy depends on the efficiency of its institutions. It is shown that welfare is positively affected by the institutional efficiency, although output is not necessarily so. It is also shown that an economy with a monopolistic rent-seeker performs better than one with a competitive rent-seeking industry.engEscola de Pós-Graduação em Economia da FGVEnsaios Econômicos;449Rent-seekingTwo sector modelProductivityCapital accumulationEconomiaEconomiaPoupança e investimentoA model of capital accumulation and rent-seekinginfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessTHUMBNAIL1297.pdf.jpg1297.pdf.jpgGenerated Thumbnailimage/jpeg4169https://repositorio.fgv.br/bitstreams/a593eb34-269d-48d0-9ae9-55a58f57c0d5/download5b1288dc72865ef64a262bf3066ff29dMD58ORIGINAL1297.pdfapplication/pdf620914https://repositorio.fgv.br/bitstreams/1c490eff-39b6-47fa-b852-3d171fe42e9c/download37589cb2a80bba81a3bfbd0e1b404f85MD52TEXT1297.pdf.txt1297.pdf.txtExtracted texttext/plain105150https://repositorio.fgv.br/bitstreams/7cc254a3-cb0b-49eb-ba8c-b7373260a7eb/downloade737958afccb3af66dbb698dc9dc1bcdMD5710438/7502023-11-08 10:27:29.805open.accessoai:repositorio.fgv.br:10438/750https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742023-11-08T10:27:29Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)false
dc.title.eng.fl_str_mv A model of capital accumulation and rent-seeking
title A model of capital accumulation and rent-seeking
spellingShingle A model of capital accumulation and rent-seeking
Barelli, Paulo
Rent-seeking
Two sector model
Productivity
Capital accumulation
Economia
Economia
Poupança e investimento
title_short A model of capital accumulation and rent-seeking
title_full A model of capital accumulation and rent-seeking
title_fullStr A model of capital accumulation and rent-seeking
title_full_unstemmed A model of capital accumulation and rent-seeking
title_sort A model of capital accumulation and rent-seeking
author Barelli, Paulo
author_facet Barelli, Paulo
Pessôa, Samuel de Abreu
author_role author
author2 Pessôa, Samuel de Abreu
author2_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.author.fl_str_mv Barelli, Paulo
Pessôa, Samuel de Abreu
dc.subject.eng.fl_str_mv Rent-seeking
Two sector model
Productivity
topic Rent-seeking
Two sector model
Productivity
Capital accumulation
Economia
Economia
Poupança e investimento
dc.subject.por.fl_str_mv Capital accumulation
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Economia
Poupança e investimento
description A simple model incorporating rent-seeking into the standard neoclassical model of capital accumulation is presented. It embodies the idea that the performance of an economy depends on the efficiency of its institutions. It is shown that welfare is positively affected by the institutional efficiency, although output is not necessarily so. It is also shown that an economy with a monopolistic rent-seeker performs better than one with a competitive rent-seeking industry.
publishDate 2002
dc.date.issued.fl_str_mv 2002-06-01
dc.date.accessioned.fl_str_mv 2008-05-13T15:32:47Z
2010-09-23T18:57:10Z
dc.date.available.fl_str_mv 2008-05-13T15:32:47Z
2010-09-23T18:57:10Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/750
dc.identifier.issn.none.fl_str_mv 0104-8910
identifier_str_mv 0104-8910
url http://hdl.handle.net/10438/750
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartofseries.por.fl_str_mv Ensaios Econômicos;449
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
dc.source.none.fl_str_mv reponame:Repositório Institucional do FGV (FGV Repositório Digital)
instname:Fundação Getulio Vargas (FGV)
instacron:FGV
instname_str Fundação Getulio Vargas (FGV)
instacron_str FGV
institution FGV
reponame_str Repositório Institucional do FGV (FGV Repositório Digital)
collection Repositório Institucional do FGV (FGV Repositório Digital)
bitstream.url.fl_str_mv https://repositorio.fgv.br/bitstreams/a593eb34-269d-48d0-9ae9-55a58f57c0d5/download
https://repositorio.fgv.br/bitstreams/1c490eff-39b6-47fa-b852-3d171fe42e9c/download
https://repositorio.fgv.br/bitstreams/7cc254a3-cb0b-49eb-ba8c-b7373260a7eb/download
bitstream.checksum.fl_str_mv 5b1288dc72865ef64a262bf3066ff29d
37589cb2a80bba81a3bfbd0e1b404f85
e737958afccb3af66dbb698dc9dc1bcd
bitstream.checksumAlgorithm.fl_str_mv MD5
MD5
MD5
repository.name.fl_str_mv Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)
repository.mail.fl_str_mv
_version_ 1810023939111387136

Registros relacionados