Some empirical evidence on rent-seeking
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R. L. Beck; J. M. Connolly
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Article
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1996
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Springer US
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English
⚖ 839 KB
We tested for the capture of net gains by winners in rent-seeking competitions, using the most prominent announcements of government favors in the Canadian economy over a twelveyear period. Stockholders' returns were not significantly different from zero. One possible explanation is that government