economic rent

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economic rent

the rent of a DWELLING based on recouping the costs of providing it plus a profit sufficient to motivate the landlord to let it.
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Under grabbing hand corruption, a nonbenevolent government uses regulatory policy to create economic rents for himself.
Box 1: The Concept of Economic Rents Economic rents are profits in excess of normal competitive profits.
The value of a New York taxi medallion has cratered since the arrival of Uber, and that represents economic rents that were being transferred from drivers and customers to the medallion owners.
Industrialisation was more likely to happen in states where traditional rulers and land owners had less fear of losing their political power and thus their economic rents.
JMR's appraiser used actual rent as economic rent for the apartment units.
loss of economic rents enjoyed by the unorganized public, perhaps the
The bill would have severely limited the economic rents associated with the RFS.
Opportunism, despite its ubiquity in the literature, is inadequate to explain foreigners' participation since, according to Malet, most foreign fighters simply do not collect the economic rents that might make the risk worthwhile.
In particular, Smith (1998) and Walker and Jackson (2008) have suggested that the reason for the observed tax levels is that gambling taxes have been set in order to capture economic rents, rather than to internalize negative externalities or to maximize economic welfare.
For the Rent averages, the current and previous prices of a sampled housing unit are its current and previous economic rents, of course.
Minerals are a major source of income - with economic rents averaging around 28%, 77% and 42%, respectively, of sub-Saharan Africa's GDP, total export earnings and government revenues, according to the World Bank.
According to the Eclac, in those countries specialized in the exploitation of non-renewable natural resources there was an increase in both the government take in economic rents, as well as in the contribution of sectors exporting such resources (minerals and hydrocarbons).
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