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政大機構典藏 > 社會科學學院 > 財政學系 > 期刊論文 > Item 140.119/129859

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题名:	Rent‐seeking, R&D, and productivity
作者:	賴育邦 Lai, Yu-Bong
贡献者:	財政系
关键词:	corruption;export subsidy;interest groups;lobbying;R&D;rent seeking;trade policy
日期:	2020-01
上传时间:	2020-05-26 13:40:20 (UTC+8)
摘要:	To investigate whether rent‐seeking discourages productivity, we consider a third‐market model, in which a domestic firm and a foreign firm engage in both Research and Development (R&D) and output competition. We show that the relationship between rent‐seeking and productivity depends on two forces. On the one hand, rent‐seeking increases the marginal benefit of R&D and encourages productivity. On the other hand, a lower production cost due to R&D enables the government to extract the rent from the firm to a greater extent and discourages the productivity. Which force is dominant depends on the level of corruption or, as an alternative interpretation, the weight the government attaches to political contributions. Unlike the monotonic relationship proposed by the literature, we find a non‐monotonic relationship between rent‐seeking and productivity.
關聯:	Scottish Journal of Political Economy, pp.1-20
数据类型:	article
DOI 連結:	https://doi.org/10.1111/sjpe.12243
DOI:	10.1111/sjpe.12243
显示于类别:	[財政學系] 期刊論文

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