… We examine how variations in institutional reforms and … institutional changes have different
effects on the competitive … that institutional development leads to rent redistribution but has …

… excess profits could be used to drive growth, we find that rents … of Cournot competition, where
the relationship between profits … institutions, and to test that hypothesis we consider data on …

… would accompany the use of deflated revenue in estimating productivity for this application.
… , I require a competition index informed by the institutional features of the industry. My …

… institutional conditions with their partners and competitors … profitable than the efforts to
appropriate the institutional rent. … ) to increase the size of the institutional rent if the sector’s …

… rent seeking cost, competition for rents results in profits from … and positive effects of rent
seeking on profitability (in both linear … We find that this type of weak institution leaves space for …

… , responding through institutional changes to pressures and … with Ä and to an implicit land
rent, defined as profit per unit of … This competition in political markets results in adding a third …

… impact of competition on post-innovation rents, since competition is expected to be … competition
effect’ occurs if competition reduces pre-innovation rents more than post-innovation rents, …

… bargaining power and other institutional arrangements. … perfectly competitive markets, they
will generate economic rents… high-profit firms janitors are getting a smaller share of the rents. …

… surpluses or rents for employers. The employer rents arise because of the additional profit
the … To measure employer rents, we therefore compare the profit Π jt the firm actually earns to …

… due to their institutions. Some countries undergoing political transitions and institutional reforms
in … utilization of oil revenue is highly correlated with the quality of institutions. Norway has …