| Glazer, Amihai; Konrad, Kai A. (1997): Taxation of Rent-Seeking Activities. Papers / University of California, School of Social Sciences, 97-98-04 |
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Abstract
We consider taxes on firms which engage in rent-seeking contests. The taxes can be on realized profits or on rent-seeking expenditures, and the firms can engage in a context where either the hoghest bidder wins the prize, or else a firm's probability of winning equals the ratio of its expenditures to expenditures by all firms. We find the deadweight loss, and cause no reduction in the profits of firms.
| Item Type: | Paper (Discussion Paper) |
|---|---|
| Published in: | Papers / University of California, School of Social Sciences, Vol. 97-98-04 |
| Keywords: | Taxes; Enterprises |
| Faculties: | Economics > Chairs > MPI for Tax Law and Public Finance |
| Subjects: | 300 Social sciences > 330 Economics |
| JEL Classification: | L10, L11 |
| Number of Pages: | 10 |
| Place of Publication: | Irvine |
| Language: | English |
| ID Code: | 24493 |
| Deposited On: | 07. Apr 2015 09:24 |
| Last Modified: | 03. Mar 2017 10:55 |
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