Why Is Rent-Seeking So Costly to Growth?

Citation:

Murphy, Kevin M, Andrei Shleifer, and Robert W Vishny. 1993. “Why Is Rent-Seeking So Costly to Growth?” American Economic Review Papers and Proceedings 83 (2): 409-414.
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Notes:

Reprinted in R. D. Congleton, A. L. Hillman, and K. A. Konrad, eds., 40 Years of Research on Rent Seeking 2, Springer, 2008.

Last updated on 08/02/2012