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Rent-seeking,how To Impact Labor Allocation And Economic

Posted on:2012-05-31Degree:MasterType:Thesis
Country:ChinaCandidate:Z LiFull Text:PDF
GTID:2189330338954162Subject:Western economics
Abstract/Summary:PDF Full Text Request
China is in a political and economic transition period in the transition process for a variety of systems and policies do not fit .Makes the society generated a lot of rent-seeking behavior. The emergence of these rent-seeking behavior of the normal state of resource allocation. The community serious deviation from the resource allocation Pareto optimal state. Caused a lot of waste, not put more resources into the communityIt invested in productive activities to rent-seeking activities. Such a waste of resources severely affected the country's economy. To our office at a lower per capita capital stock and lower output per capita. Such a waste of resources affect the way our country's rich Degrees.This article focuses on discussion of rent-seeking activities, the impact on labor allocation, and the impact on the wealth of a country. By essay discussion of the theoretical model and application of data validation, to get the answer to both questions above. The purpose of this paper is not to policy, what institutional arrangements to provide useful policy recommendations. On just to let more people understand the rent-seeking behavior to the harm caused by this society. Although not an accurate representation of the size of the damage, but I hope that my analysis and discussion make more people aware of excessive rent-seeking activities to make this community in a poor state.
Keywords/Search Tags:rent-seeking, labor allocation, wealth
PDF Full Text Request
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