Kaempfer, William Hutchison (contributor); … - 2002 - [Elektronische Ressource]
that the resources absorbed in lobbying for protection may
outweigh the cost of protection itself. Krueger (1974 … (1982) notes
that in a distorted economy profit-seeking activities, including lobbying for protection,
smuggling and … further lobbying.
From Becker’s logic it follows that as the level of protection rises, further
incremental increases in …