Competition Among Rent Seeking Groups in General Equilibrium

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.


Issue Date:
1990
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/7483
Total Pages:
40
Series Statement:
Bulletin 90-2




 Record created 2017-04-01, last modified 2017-12-04

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