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The causes and consequences of rent‐seeking in Northern Ireland, 1945–721

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  • GRAHAM BROWNLOW

Abstract

Northern Ireland’s economic performance during the ‘golden age’ was weak. Crafts suggested that rent‐seeking was an important determinant of this poor record. This article offers support for such a conclusion. It is suggested that the growth record was shaped by British regulations preventing conflicts of ministerial interest not being made operational until 1963. This institutional divergence tended to promote rent‐seeking behaviour, which impeded the pursuit of an industrial policy that could promote economic efficiency. In 1963 the institutional structure and the industrial policy framework changed. These changes stimulated the pursuit of efficiency and contributed to an improved regional economic performance.

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  • Graham Brownlow, 2007. "The causes and consequences of rent‐seeking in Northern Ireland, 1945–721," Economic History Review, Economic History Society, vol. 60(1), pages 70-96, February.
    • Handle: RePEc:bla:ehsrev:v:60:y:2007:i:1:p:70-96
    DOI: 10.1111/j.1468-0289.2006.00357.x
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    Cited by:

    1. David Jordan, 2023. "Macroeconomic Perspectives on Productivity," Working Papers 031, The Productivity Institute.
    2. Graham Brownlow, 2015. "Back to the failure: an analytic narrative of the De Lorean debacle," Business History, Taylor & Francis Journals, vol. 57(1), pages 156-181, January.
    3. Jordan, David, 2023. "Failing to level up? Industrial policy and productivity in interwar Northern Ireland," QUCEH Working Paper Series 23-04, Queen's University Belfast, Queen's University Centre for Economic History.
    4. Graham Brownlow, 2017. "Practice running ahead of theory? Political economy and the economic lessons of UK devolution," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 10(3), pages 559-573.
    5. David Jordan & John Turner, 2021. "Northern Ireland's Productivity Challenge: Exploring the issues," Insight Papers 004, The Productivity Institute.

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