Economics

Liberty, Political Innovation, and the Free Market: Rent-Seeking in China

ABSTRACT

Studies of rent-seeking have significantly improved our understanding of the political economy in the US; however, new research and better explanations of rents and rent-seeking are particularly needed in analyzing China’s economic development under the political and economic reforms in the last thirty years. This symposium discussed some of the general theoretical studies that have been made by China studies experts in the field of rent-seeking.

READING LIST

Conference Readings

Anderson, Gary and Peter Boettke. “Soviet Venality.” Public Choice 93 (October 1997): 37-53.

Bishop, John and Haiyong Liu. “Liberalization and Rent seeking in China’s Labor Market.” Public Choice 135, no. 3 (2008): 1-14.

Buchanan, James, Gordon Tullock, and Robert Tollison. Toward a Theory of the Rent-Seeking Society. College Station: Texas A & M University Press, 1980.

Che, Jiahua. “Rent Seeking and Government Ownership of Firms.” Journal of Comparative Economics 30, no. 4 (December 2002): 787-811.

Congleton, Roger D. “Institutions, Liberalism, and Rent Seeking as Sources of Economic Development in China.” Liberty Fund Symposium, Scottsdale, Arizona, October 8-11, 2009.

Fung, K. K. “Surplus Seeking and Rent Seeking through Back-Door Deals in Mainland China.” American Journal of Economics and Sociology (1987): 1-18.

Hu, Xiaobo. “Rent Seeking and Transition in China.” Liberty Fund Symposium, Scottsdale, Arizona, October 8-11, 2009.

Liew, Leong. “Rent Seeking and the Two-Track Price System in China.” Public Choice 77, no. 2 (October 1993): 359-375.

Ngo, Tak-Wing and Yongping Wu. Rent-Seeking in China. Abingdon: Routledge, 2009.

Tollison, Robert D. “The Economic Theory of Rent-Seeking.” Liberty Fund Symposium, Scottsdale, Arizona, October 8-11, 2009.

Tullock, Gordon. "The Welfare Costs of Tariffs Monopolies and Theft." Western Economic Journal (1967): Full Text.