Competition Among Rent Seeking Groups in General Equilibrium

Terry Roe and Theodore Graham-Tomasi

No 7483, Bulletins from University of Minnesota, Economic Development Center

Abstract: A two sector general equilibrium model is developed in which households can influence the government's choice of the relative price of traded goods and the level of public goods supplied to each sector. The model is used to illustrate key problems addressed by the political economy literature, modeling issues that arise, and the nature of insights that can be obtained that traditional approaches cannot discern.

Keywords: Political; Economy (search for similar items in EconPapers)
Pages: 40
Date: 1990
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:umedbu:7483

DOI: 10.22004/ag.econ.7483

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