The Social Costs of Rent-Seeking in the Regulation of Vehicle Exhaust Emission

被引：0

作者：

Pu, Yan ^{[1
]}

Liu, Xia ^{[2
]}

机构：

[1] Sichuan Normal Univ, Econ & Management Coll, Chengdu, Peoples R China

[2] Zhengzhou Univ, Sch Business, Zhengzhou, Peoples R China

来源：

LTLGB 2012: PROCEEDINGS OF INTERNATIONAL CONFERENCE ON LOW-CARBON TRANSPORTATION AND LOGISTICS, AND GREEN BUILDINGS. VOL 1 | 2013年

关键词：

Rent seeking; Regulation; Vehicle exhaust emission; Social costs;

D O I：

10.1007/978-3-642-34651-4_73

中图分类号：

TU [建筑科学];

学科分类号：

0813 ;

摘要：

The regulation of vehicle exhaust emission requires the regulators to establish the vehicle exhaust emission level desirable for the society and then select inspection agencies to check every registered vehicle periodically. Both these decisions create opportunities for rent seeking. In this paper, we present the incentives of rent-seekers for being selected as inspection agencies and analyze the consequences for social welfare. We find differences in firms' rent-seeking choices compared to a traditional rent-seeking model. We see that a fundamental aspect of firms' incentives to seek rent depends on the number of incumbent inspection agencies and the present value of every successful rent-seeker's rent income, which mainly depends on the distortion degree of inspection process and which is inversely related to social welfare.

引用

页码：519 / 525

页数：7

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