Directly Unproductive Profit-Seeking Activities

Hans C. Blomqvist and Mats Lundahl

Chapter 11 in The Distorted Economy, 2002, pp 184-198 from Palgrave Macmillan

Abstract: Abstract In the preceding chapter we outlined a theory for how individuals (or firms) organize themselves into interest groups when there are public goods for the group which may be produced as a result of putting pressure on the government and the legislators. We will now take one more step in our analysis and see what the economic consequences of this behaviour may be. The activities of the interest groups towards securing favours for the members are known as rent seeking or directly unproductive profit-seeking (DUP) activities.

Keywords: World Market Price; Agricultural Good; Import Quota; Optimal Tariff; Tariff Protection (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-1434-7_11

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DOI: 10.1057/9781403914347_11

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