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When Does Rent-Seeking Augment the Benefits of Price and Trade Reform on Rationed Commodities? Estimates for Automobiles and Color Televisions in Poland
註釋Price controls result in rents and in rent- seeking. Where the rent- seeking dissipates the rents, the costs of the price controls are magnified enormously above the traditional resource misallocation costs. But there are cases where rent- seeking does not dissipate the rents.