Showing 1 - 10 of 454
We combine original geo-referenced data on mining extraction of 15 minerals with information on conflict events at … spatial resolution of 0.5o x 0.5o for all Africa over 1997-2010. Exploiting exogenous variations in world prices, we find a … positive impact of mining on conflict at the local level. Quantitatively, the historical rise in prices (commodity super …
Persistent link: https://www.econbiz.de/10013019854
We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are threefold. First, we find that overall government...
Persistent link: https://www.econbiz.de/10013117356
We study whether the spatial distribution of natural resources across different ethnic groups within countries impede spatial inequality, national economic performance, and the incidence of armed conflict. By providing a theoretical rent-seeking model and analysing a set of geocoded data for...
Persistent link: https://www.econbiz.de/10012962986
that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …
Persistent link: https://www.econbiz.de/10013129862
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link between globalization and income inequality differs across...
Persistent link: https://www.econbiz.de/10013315438
government if they can renege on the contract with the mining company, and hence government turnover is larger in this case …. Incentive-compatible license fees paid by private companies and mining investment are lower in unstable countries, and increase … government can commit before mining licenses are auctioned, it will invest more in weapons under private extraction than under …
Persistent link: https://www.econbiz.de/10013316134
exports are no longer significant while the value of subsoil assets has a significant positive effect on growth. But the World …
Persistent link: https://www.econbiz.de/10013316217
around the world, pondering the question whether an abundance of natural resources is a blessing or a curse. Second, an … article discusses the experience of Norway, the world's third largest oil exporter. To date, Norway has appeared to be mostly …
Persistent link: https://www.econbiz.de/10013317038
A windfall of natural resource revenue (or foreign aid) faces government with choices of how to manage public debt, investment, and the distribution of funds for consumption, particularly if the windfall is both anticipated and temporary. We show that the permanent income hypothesis prescription...
Persistent link: https://www.econbiz.de/10012764524
Natural-resource taxation and investment exhibit cycles in a vast number of countries, driving political turmoil and power shifts. Using a rational-expectations model, we show cycles result from governments' inability to commit to future taxes and firms' inability to credibly exit a country...
Persistent link: https://www.econbiz.de/10012955744