Directly Unproductive, Profit-seeking (DUP) Activities

Authors

Jagdish N. Bhagwati, Columbia Law SchoolFollow

Document Type

Article

Publication Date

1982

DOI

https://doi.org/10.1086/261104

Abstract

This paper proposes directly unproductive, profit-seeking (DUP) activities as a general concept that embraces a wide range of recently analyzed economic activities, including the subset of rent-seeking activities considered by Krueger. It then proceeds to provide a syn-thesis and generalization of the welfare-theoretic analysis of such activities by developing a fourfold categorization of cases depending on the levels of distortions before and after the DUP activity. Thus a unification and overview of the subject are achieved.

Disciplines

International Trade Law | Law

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Comments

© 1982 by The University of Chicago.

Recommended Citation

Jagdish N. Bhagwati, Directly Unproductive, Profit-seeking (DUP) Activities, 90 J. Pol. Econ. 988 (1982).
Available at: https://scholarship.law.columbia.edu/faculty_scholarship/3832