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Rent-Seeking, Capital Accumulation, and Macroeconomic Growth

Ben J. Heijdra & Pim Heijnen

De Economist2025https://doi.org/10.1007/s10645-025-09456-8article
AJG 1ABDC C
Weight
0.50

What the paper says

Abstract We study the effects of rent-seeking on economic growth. The starting point is an overlapping generations model where growth is driven by human capital accumulation. In this setting we introduce a source of rent, namely monopolization of one of the sectors of the economy, and agents who are heterogeneous in their (intrinsically useless) rent-seeking ability. Agents can boost their income either by investing in human capital or by capturing a fraction of rent. Monopolization increases the growth rate. The effect of rent-seeking on growth is ambiguous, but it increases wealth inequality.

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https://doi.org/https://doi.org/10.1007/s10645-025-09456-8

Or copy a formatted citation

@article{ben2025,
  title        = {{Rent-Seeking, Capital Accumulation, and Macroeconomic Growth}},
  author       = {Ben J. Heijdra & Pim Heijnen},
  journal      = {De Economist},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1007/s10645-025-09456-8},
}

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Rent-Seeking, Capital Accumulation, and Macroeconomic Growth

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.