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economic rent
(redirected from Scarcity rent)

    Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.02 sec.
economic rent
That rent on a property which is sufficient to pay all costs of operation, maintenance, and payment of mortgages (but not utilities and services).
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2) What mattered was whether policies created scarcity rents and whether the government received the rents and used them to lower other distortionary taxes.
Tax policy towards energy and the environment by Metcalf, Gilbert E. / NBER Reporter
Even if capital costs were trivial and one would not need rents to cover them, capacity constraints would bind during the time it takes to build the plants, producing scarcity rents until new plants are built.
Mismeasuring electricity market power: by studying average variable ... by Brennan, Timothy J. / Regulation
This scarcity rent is the value of Z' permits, area 2 + 3 in Figure 1.
A Framework to Compare Environmental Policies by Fullerton, Don / Southern Economic Journal
 
 
 
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