Economic Rent

International Legal Research

Information about Economic Rent in free legal resources:

Treaties & Agreements

International Organizations

Jurisprudence $ Commentary

European Union

IP Law

Economic Rent

Economic Rent and International Trade Economy

In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economic Rent: The gain to a producer or resource owner resulting from a trade barrier or other restriction of supply that leads to a higher price than otherwise would occur. The existence or prospect of economic rents may promote unproductive rent-seeking activities by individuals or firms seeking to take advantage of them. See also quota rent.

Leave a Comment