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《Chinese Public Administration》 2003-01
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The Diminishing Publicness of Public Policy:the Effect of Rent-seeking

CHEN Guo-quan FU Xuan  
The "publicness"is the primary principle of public policy,as formal institutions,when dealing with the social problems.Unfortunately,rent-seeking always causes the diminishing publicness of public policy.The interest groups and the government seek their special interests at the cost of public interest.In this article,based on the theory of public choice,it is argued that while the institutions are unequilibrium,public policy always engenders rent-seeking.The article delineates that the "rent"is endogenous in the process of formulating and implementing public policy.Rent-seeking will destroy the publicness and bring about new unequilibrium of institution.
【CateGory Index】: D035
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