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We combine original geo-referenced data on mining extraction of 15 minerals with information on conflict events at … positive impact of mining on conflict at the local level. Quantitatively, the historical rise in prices (commodity super …-cycle) explains 15-25 percent of average country-level violence in Africa. We then document how the appropriation of a mining area by …
Persistent link: https://www.econbiz.de/10013019854
In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on output for a specific (unit) tax can enhance welfare in imperfectly competitive markets and is without impact in a competitive world. This paper demonstrates that a substitution...
Persistent link: https://www.econbiz.de/10013130099
effects (accelerated investment due to higher wealth tax rates) are more likely for low interest rates and for high-risk … indicate that wealth taxes are particularly harmful for specific classes of investments, for example low-risk investments …
Persistent link: https://www.econbiz.de/10013009873
risk neutral investors are sensitive with respect to capital tax risk and may react in a surprising manner to a newly …, high capital tax risk delays high-risk innovative investment projects. To reduce unintended consequences of uncertain tax …
Persistent link: https://www.econbiz.de/10013315489
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models …-ecological potential as a pull factor. In contrast to the literature on foreign investment in general, the quality of the business climate …
Persistent link: https://www.econbiz.de/10013092012
We study the short and long run responses of income inequality to positive per capita oil and gas rent shocks in Iran. Using historical data from 1973 to 2012 and vector autoregression (VAR)-based impulse response functions, we find a positive and statistically significant response of income...
Persistent link: https://www.econbiz.de/10013315433
We study how natural-resource rents affect the risk of internal conflict within countries and how the federal structure … the risk of internal conflict. Fiscal and political decentralization as an institutional arrangement for rent-sharing and … natural-resource rents indeed increase the risk of internal conflict, but this relationship is significantly mitigated by …
Persistent link: https://www.econbiz.de/10013315802
We study how natural-resource rents affect the risk of internal conflict within countries and how the federal structure … the risk of internal conflict. Fiscal and political decentralization as an institutional arrangement for rent-sharing and … natural-resource rents indeed increase the risk of internal conflict, but this relationship is significantly mitigated by …
Persistent link: https://www.econbiz.de/10010634079
This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on...
Persistent link: https://www.econbiz.de/10013090950
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