Changes in budgetary allocations and international comparisons of the social cost of rent-seeking: A critical note

Adi Schnytzer

Research output: Contribution to journalReview articlepeer-review

8 Scopus citations

Abstract

The Katz-Rosenberg measure of rent dissipation across countries fails to encompass the consequences of different political systems wherein allocations are made. Observations about fiscal federal structures and the particular political structures of different countries affect political discretion in allocating government transfers. Owing both to the absence of these considerations, which are indeed self-evident, and some other considerations regarding the measure, the cross-country rankings that Katz and Rosenberg present are meaningless at best and, at worst, misleading.

Original languageEnglish
Pages (from-to)357-362
Number of pages6
JournalPublic Choice
Volume79
Issue number3-4
DOIs
StatePublished - Jun 1994

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