Showing 1 - 10 of 93
Natural resources in sub-Saharan Africa suffer from a bad reputation. Oil and diamonds, particularly, have been blamed …
Persistent link: https://www.econbiz.de/10005125845
This study examines indicators of human capital accumulation together with data for natural resource abundance and rents in a panel of 102 countries running from 1970 to 1999. Mineral wealth makes a positive and marked difference on human capital accumulation. Matching on observables reveals...
Persistent link: https://www.econbiz.de/10005556069
The paper examines the relationship between UK wholesale gas prices and the Brent oil price over the period 1996 … UK gas and oil prices predates the opening of the UK-Mainland Europe Inter-connector. Following a recursive methodology … impulse response functions are used to examine the effects that a shock in oil would have on gas. …
Persistent link: https://www.econbiz.de/10005556400
We investigate the causes of civil war, using a new data set of wars during 1960-99. We test a `greed’ theory focusing on the ability to finance rebellion, against a`grievance’ theory focusing on ethnic and religious divisions, political repression and inequality. We find that greed...
Persistent link: https://www.econbiz.de/10005407738
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
The institution of slavery displays a puzzling historical pattern: it is found mostly at intermediate stages of agricultural development, in horticultural societies, and less frequently among hunter-gatherers and societies at more advanced agrarian stages. We explain this rise-and- fall pattern...
Persistent link: https://www.econbiz.de/10005125014
This work builds a macro model for livestock farming based on aggregation of initial micro description for rational control of total number of vintage livestock (age cohorts). All variety of animal kinds is reduced to one by given recount coefficients. An optimal problem on co-hort total number...
Persistent link: https://www.econbiz.de/10005125668
Joining the European Union club implies, among many other policy changes, full integration of Romania's economy into EU's customs union. This is expected to have significant implications for domestic farmers and food processors. The paper constructs a single-country Applied General Equilibrium...
Persistent link: https://www.econbiz.de/10005134565
Although the core model of the Dutch Disease makes unambiguous predictions regarding the negative effect of a resource boom on a country’s manufacturing exports, the empirical literature that has followed has not clearly identified this effect. I attribute this to the failure of the existing...
Persistent link: https://www.econbiz.de/10005062648
This paper presents new results of mathematical modeling of economy and environment interaction. A model of mutual interaction of livestock farming - one in a two main agricultural branches - and natural pastures that are the essential part of livestock farming forage reserve is proposed....
Persistent link: https://www.econbiz.de/10005062740