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investigate the reasons behind such a significant lag of the resource-rich countries in entrepreneurship. Panel data for more than … 80 countries from 2004-2009 shows that higher dependence on resource rents reduces entrepreneurship activities. The … ; entrepreneurship ; panel data …
Persistent link: https://www.econbiz.de/10009534017
.e., marginalized entrepreneurship activities. Our panel data analysis of 65 countries from 2004 to 2011 shows a negative and … statistically significant association between oil rents dependency and entrepreneurship indicator. This finding is robust to control … of other major drivers of entrepreneurship, unobservable country and time fixed effects and a different measurement of …
Persistent link: https://www.econbiz.de/10010228728
This paper theoretically and empirically investigates the effect of natural resource rents on the process of economic liberalization and a potential moderating effect of the level of democracy. A simple political-economic model is developed in which the government in an autocratic country faces...
Persistent link: https://www.econbiz.de/10012543604
investigate the reasons behind such a significant lag of the resource-rich countries in entrepreneurship. Panel data for more than … 80 countries from 2004-2009 shows that higher dependence on resource rents reduces entrepreneurship activities. The …
Persistent link: https://www.econbiz.de/10010897846
.e., marginalized entrepreneurship activities. Our panel data analysis of 65 countries from 2004 to 2011 shows a negative and … statistically significant association between oil rents dependency and entrepreneurship indicator. This finding is robust to control … of other major drivers of entrepreneurship, unobservable country and time fixed effects and a different measurement of …
Persistent link: https://www.econbiz.de/10010335865
.e., marginalized entrepreneurship activities. Our panel data analysis of 65 countries from 2004 to 2011 shows a negative and … statistically significant association between oil rents dependency and entrepreneurship indicator. This finding is robust to control … of other major drivers of entrepreneurship, unobservable country and time fixed effects and a different measurement of …
Persistent link: https://www.econbiz.de/10010897848
The paper considers the process of discovery for subsoil resources, including both hard minerals and hydrocarbons and estimates its magnitude in recent years, as derived from the sum of extraction and changes in proven reserves. Spurred on by technology change and strong market conditions,...
Persistent link: https://www.econbiz.de/10013103991
Natural resource abundance is a blessing for some countries, but a curse for others. We show that differences across countries in the degree of fiscal decentralization can contribute to this divergent outcome. Using a large panel of countries, covering several decades and various fiscal...
Persistent link: https://www.econbiz.de/10013038322
This paper and associated presentation explores the economic phenomenon of the so called ‘resource curse’. We begin by defining the phrase and outlining the main individual ‘curses’ and their causes to give the reader a broad understanding of what is meant by the phrase. This is followed...
Persistent link: https://www.econbiz.de/10014202386
This paper studies the effects of oil rent on development using a unique panel dataset describing worldwide oil discoveries and extractions. First, we revisit the so-called curse of oil, which contends that oil rent hinders economic development. Exploiting cross-country variations in the timing...
Persistent link: https://www.econbiz.de/10013116764