Efficient rents 1 rent-seeking behavior in the long-run

Public Choice ◽  
1985 ◽  
Vol 46 (3) ◽  
pp. 227-246 ◽  
Author(s):  
William J. Corcoran ◽  
Gordon V. Karels
Author(s):  
William J. Corcoran ◽  
Gordon V. Karels

2001 ◽  
pp. 27-45
Author(s):  
William J. Corcoran ◽  
Gordon V. Karels

2021 ◽  
pp. 002085232110588
Author(s):  
Tao Li ◽  
Zhenyu M. Wang

The prevalence of top-heavy bureaucracies in non-democracies cannot be explained by the theories of Parkinson, Tullock, Niskanen, or Simon or by classical managerial theories. When bureaucracy positions carry rents, the competition for promotion becomes a rent-seeking process. Borrowing the career-tournament theory framework from managerial scholarship, we argue that top-heavy bureaucracy resembles a tournament with too many finalists. When rent is centralized at the top (i.e. power centralization), as is the case in many non-democracies, the optimal bureaucracy should be top-heavy, accommodating and encouraging relatively more finalists at the top to compete for the final big prize. We provide suggestive evidence by analyzing ministry organizations in China (1993–2014) and Russia (2002–2015). After some fluctuations, the shape of Russian ministries eventually converged with that of China. In the steady state, their ministry shapes are far more top-heavy than what is prescribed by managerial theories. At the micro-level, ministry power centralization, measured by the perceived influence of the ministers, is correlated with ministry top-heaviness in Russia. Points for practitioners Our theory suggests that a top-heavy authoritarian bureaucratic structure naturally follows from a back-loaded sequential career tournament and an effort-maximizing bureaucratic leader. Our findings also suggest that Chinese and Russian ministries both converge to a highly top-heavy structure in the long run. We demonstrate that the top-heavy structure first arose during the planned-economy experiment in the Soviet Union. Our research sheds new light on public-sector reforms that aim to reduce bureaucracy top-heaviness in autocracies.


2021 ◽  
Vol 5 (11) ◽  
pp. 77-83
Author(s):  
Larisa V. Tcerkasevich ◽  
◽  
Evgeny A. Makarenko ◽  

The article is devoted to the problem of the corruption component in the Russian economy. Considered and structured modern forms of contradictions in the interaction between business and power structures. The phenomenon of rent-oriented behavior of power state structures and how this phenomenon affects the modern factors of exploitation of a person by a person is considered in detail. The main features of corruption relations and the mechanisms of functioning of the practices of business corruption in modern Russia are systematized. Conclusions are drawn from the analysis of scientific sources on the essence and characteristics of rent-seeking behavior of economic entities in terms of the corruption component.


2015 ◽  
Vol 27 ◽  
pp. 274-287 ◽  
Author(s):  
Nadiia Grazhevska ◽  
Angelina Virchenko ◽  
Anna Grazhevska

2005 ◽  
Author(s):  
César Calderón ◽  
Alberto Chong

2019 ◽  
Vol 5 (2) ◽  
pp. 1
Author(s):  
Danish Ahmed Siddiqui ◽  
Qazi Masood Ahmed

This paper presents an index of institutionalized social technologies for Pakistan, covering its two main dimensions namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional, political and economic aspects. It is also analyzed empirically whether the overall index as well as sub-indexes constructed to measure the single dimensions affects economic growth. The results show that over all, institutions promote growth in long run for Pakistan. Therefore, for a policy implication, success of any policy could be influenced by the soundness of institutions.


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