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NATURAL RESOURCE ABUNDANCE AND ECONOMIC GROWTH REVISITED
Stijns, Jean-Philippe - EconWPA - 2001
Data on energy and mineral reserves suggest that natural resource abundance has not been a significant structural determinant of economic growth between 1970 and 1989. The story behind the effect of natural resources on economic growth is a complex one that typical growth regressions do not...
Persistent link: https://www.econbiz.de/10005118731
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CORRUPTION AND BRIBERY IN THE NIGERIAN ECONOMY: AN EMPIRICAL INVESTIGATION
NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2004
Nigeria is going through a difficult political and economic transition after decades of independence.Yet, Nigeria remains a society rich in cultural, linguistic, religious, ethnic and political diversity. Today, the average Nigerian struggles hard to make ends meet; sees himself or herself as...
Persistent link: https://www.econbiz.de/10005076578
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CORRUPTION AND BRIBERY IN THE NIGERIAN ECONOMY
NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2004
NIGERIA IS GOING THROUGH A DIFFICULT POLITICAL AND ECONOMIC TRANSITION AFTER FORTY YEARS OF INDEPENDENCE. YET, NIGERIA REMAINS A SOCIETY RICH IN CULTURAL, LINGUISTIC, RELIGIOUS, ETHNIC AND POLITICAL DIVERSITY. TODAY, THE AVERAGE NIGERIAN STRUGGLES HARD TO MAKE ENDS MEET; SEES HIMSELF OR HERSELF...
Persistent link: https://www.econbiz.de/10005118720
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Resources, Agriculture, and Economic Growth in Economies in Transition
Gylfason, Thorvaldur - EconWPA - 2001
This paper reviews some reasons why natural resource abundance and extensive agriculture appear to impede economic growth around the world. The paper presents empirical, cross-sectional evidence of various aspects of this relationship in the transition economies in Central and Eastern Europe and...
Persistent link: https://www.econbiz.de/10005555991
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How are Oil Revenues redistributed in an Oil Economy? The case of Kazakhstan
Najman, Boris; Pomfret, Richard; Raballand, Gael; … - EconWPA - 2005
Kazakhstan’s economy has been driven by an oilboom since the discovery of large new oilfields coincided with the upturn of world oil prices after 1998. This paper uses national household expenditure survey data to examine whether Kazakhstan’s experience supports a curse or a blessing...
Persistent link: https://www.econbiz.de/10005118715
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Institutions and the resource curse
Mehlum, Halvor; Moene, Karl; Torvik, Ragnar - EconWPA - 2002
Countries rich in natural resources constitute both growth losers and growth winners. We claim that the main reason for these diverging experiences is differences in the quality of institutions. More natural resources push aggregate income down, when institutions are grabber friendly, while more...
Persistent link: https://www.econbiz.de/10005408250
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Institutions and the resource curse
Mehlum, Halvor; Moene, Karl; Torvik, Ragnar - EconWPA - 2002
Countries rich in natural resources constitute both growth losers and growth winners. We claim that the main reason for these diverging experiences is differences in the quality of institutions. More natural resources push aggregate income down, when institutions are grabber friendly, while more...
Persistent link: https://www.econbiz.de/10005550983
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On the Political Economy of Social Security and Public Education
Poutvaara, Panu - EconWPA - 2003
I analyze simultaneous voting on the wage tax rate and investment in public education using a model with three … benefits. I derive the results both for a once-and-for-all voting system with commitment and for repeated voting. My model …
Persistent link: https://www.econbiz.de/10005125919
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Equilibrium Agenda Formation
Dutta, Bhaskar; Jackson, Matthew O.; Breton, Michel Le - EconWPA - 2002
We develop a definition of equilibrium for agenda formation in general voting settings. The definition is independent … of any protocol. We show that the set of equilibrium outcomes for any Pareto efficient voting rule is uniquely determined …, and in fact coincides with that of the outcomes generated by considering all full agendas. Under voting by successive …
Persistent link: https://www.econbiz.de/10005135124
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If people vote because they like to, then why do so many of them lie?
Harbaugh, William T. - EconWPA - 1996
lie to the survey takers and claim that they did. Increases in education are associated with higher voting rates and lower … rates of lying overall, but with increased rates of lying conditional on not voting. This paper proposes a model of voter … has a stable equilibrium with positive rates of voting, honest non-voting, and lying. Reasonable parameter changes produce …
Persistent link: https://www.econbiz.de/10005412467