Showing 1 - 10 of 73
discoveries increase per capita oil production and oil exports by up to 50 percent. But these giant oilfield discoveries also have …
Persistent link: https://www.econbiz.de/10010551660
apply to capital-scarce countries: iv) Finance consumption and investment with oil; v) Use a temporary Parking Fund to …
Persistent link: https://www.econbiz.de/10011276414
This paper studies how monetary policy should optimally respond to an oil discovery.Oil discoveries provide news that …-looking inflation and a recession. To illustrate this I incorporate a government,oil and news into a standard DSGE model of a small open … stagflation in the 1980s after North Sea Oil began production. …
Persistent link: https://www.econbiz.de/10011253117
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...
Persistent link: https://www.econbiz.de/10010551677
We review evidence regarding the size and evolution of the "land rush" in the wake of the 2007-2008 boom in agricultural commodity prices and study determinants of foreign land acquisition for large-scale agricultural investment. Using data on bilateral investment relationships to estimate...
Persistent link: https://www.econbiz.de/10010740583
This paper studies empirically the impact of mining on conflicts in Africa. Using novel data, we combine geo-referenced information over the 1997-2010 period on the location and characteristics of violent events and mining extraction of 27 minerals. Working with a grid covering all African...
Persistent link: https://www.econbiz.de/10010884910
We examine how natural resource location, rent sharing and fighting capacities of different groups matter for ethnic conflict. A new type of bargaining failure due to multiple types of potential conflicts (and hence multiple threat points) is identified. The theory predicts conflict to be more...
Persistent link: https://www.econbiz.de/10008725688
Why do armed groups sometimes coerce and sometimes not? Civilian suffering due to coercion in conflicts is larger; yet, anecdotal evidence suggests that armed groups often choose not to coerce. To explain the observed variation in coercive practices, I combine a two-sector specific-factos trade...
Persistent link: https://www.econbiz.de/10010678458
In this paper, I use an event study approach to investigate the claim that conflict minerals legislation in the United States (US) led to a ban on some mining exports from the Democratic Republc of the Congo (DRC), and that the passage of US regulation caused a ban on both production and trade...
Persistent link: https://www.econbiz.de/10010820275
Although the relationship between natural resources and civil war has received much attention, little is known about the underlying mechanisms. Controversies and contradictions in the stylized facts persist because resource extraction is treated as exogenous while in reality fighting affects...
Persistent link: https://www.econbiz.de/10008670363