I develop a neoclassical growth model in which rent seeking impacts negatively on productivity and welfare because it discourages the accumulation of social infrastructure. I estimate the fraction of resources wasted in rent seeking for a sample of 141 countries. On average, countries in the first (respectively, last) decile of the distribution of the estimated rent-seeking intensity devote around (respectively, ) of output to rent-seeking and have (respectively, ) of output per capita and (respectively, ) of consumption per capita of a country without rent seeking. Moreover, around one quarter of the drop in consumption per capita caused by rent seeking is due to its negative impact on the accumulation of social infrastructure and the remaining three quarters are due to the waste of resources.

中文翻译：

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寻租对社会基础设施和生产力的影响

我开发了一个新古典增长模型，其中寻租会对生产力和福利产生负面影响，因为它阻碍了社会基础设施的积累。我估计了 141 个国家样本在寻租过程中浪费的资源比例。平均而言，在第一（分别为去年）预计寻租强度分布的等分国家投入周围（分别）输出的寻租和有（分别）人均产出（分别为，) 一个国家没有寻租的人均消费。而且，寻租造成的人均消费下降，约四分之一是由于其对社会基础设施积累的负面影响，其余四分之三是由于资源浪费。