Browsing Faculty of Economic and Management Sciences by Author "Loewenstein, Wilhelm"
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A note on revenue distribution patterns and rent-seeking incentive
Sadik-Zada, Elkhan Richard; Loewenstein, Wilhelm (EconJournals, 2018)This paper presents a simple model of rent-seeking incentive to explain the emergence and dominance of the rapacious rent-seeking policies in a number of oil abundant developing and transition economies. The Hubbertian ...