000 01732nab a2200241 c 4500
999 _c146152
_d146152
003 ES-MaIEF
005 20220810123825.0
007 ta
008 220810t2022 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 _969881
_aMelo, Vítor
245 0 _aEstimating the effect of rent-seeking on income distribution
_ban analysis of U.S. States and counties
_c Vítor Melo & Stephen Miller
500 _aResumen
504 _aBibliografía.
520 _aPrior empirical research on rent seeking has focused on estimating its effects on overall macroeconomic performance, with few studies attentive to income distribution. This paper expands on existing research by evaluating rent seeking’s effects on Gini coefficients, and income shares at the US state and county levels. We explore county-level panel data from the Census of Employment & Wages, adopting the percentages of workers employed in legal services and local government as proxies for rent seeking. We find that the estimated effects of rent seeking on the income distribution are significant and positive at all levels of analysis. However, rent seeking’s impact on the distribution of income is much more prominent at the state than at the county level. The results also suggest that the effect of rent seeking on the income distribution works by different mechanisms at the county level than it does at the state level.
650 _aRENTA
_950200
650 _aDISTRIBUCION
_98496
650 4 _942588
_aDESIGUALDAD
650 _aESTADOS UNIDOS
_942888
700 _929634
_aMiller, Stephen M.
773 0 _9167538
_oOP 1443/2022/192/1/2
_tPublic Choice
_w(IEF)124378
_x 0048-5829
_g v. 192, n. 1-2, July 2022, p. 99-114
942 _cART