Taxation of rent-seeking activities

Glazer, Amihai und Konrad, Kai A. (1999): Taxation of rent-seeking activities. In: Journal of Public Economics, Bd. 72, Nr. 1: S. 61-72

Abstract

We consider taxes on firms which engage in rent-seeking contests. The taxes can be on realized profits or on rent-seeking expenditures. The prize can be awarded to either the highest bidder, or to a firm with probability proportional to its share of total spending on lobbying. We find the conditions under which taxes do not reduce rent-seeking effort, generate tax revenue with no tax burden, and cause no reduction in the profits of firms.

• Dokumententyp: Zeitschriftenartikel
• Publikationsform: Publisher's Version
• Fakultät: Volkswirtschaft > Lehrstühle > MPI für Steuerrecht und Öffentliche Finanzen
• Themengebiete: 300 Sozialwissenschaften > 330 Wirtschaft
• JEL Classification: D72, H21
• ISSN: 0047-2727
• Sprache: Englisch