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spatial resolution of 0.5o x 0.5o for all Africa over 1997-2010. Exploiting exogenous variations in world prices, we find a …-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/10011283825
We study the role of competition for the hold-up problem in foreign direct investment in resource-based industries. The host country government is not only unable to commit not to expropriate investment ex post, but is also unable to commit to the provision of local resources. In the case of...
Persistent link: https://www.econbiz.de/10011547727
For a long time, Norway has had resource rent taxes on oil- and natural gas extraction as well as on hydropower generation. Recently, resource rent taxes have also been levied on aquaculture, and wind power generation. This paper, gives a short overview of the rent theory, the basis for rent...
Persistent link: https://www.econbiz.de/10014464208
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/10008732315
This paper extends the classical exhaustible-resource/stock-pollution model with the irreversibility of pollution decay. Within this framework, we answer the question how the potential irreversibility of pollution affects the extraction path. We investigate the conditions under which the economy...
Persistent link: https://www.econbiz.de/10009230860
We provide an empirical analysis of host country determinants of Chinese outward FDI for the period 2003 to 2008, using … strategic asset seeking motivations suggested by the theory on FDI determinants. Our results show that only FDI in manufacturing … is attracted by market seeking motivations. As expected, resource seeking is an important motivation for Chinese FDI in …
Persistent link: https://www.econbiz.de/10009489293
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/10011588047
We analyse the local effect of exogenous shocks to the value of mineral deposits at the district level in Indonesia using a panel of manufacturing plants. To the best of our knowledge, we are the first to model and estimate the effect of heterogeneity in natural resource extraction methods. We...
Persistent link: https://www.econbiz.de/10011922093
Between 1997 and 2014, US corn, soybean and cotton production almost fully converted to genetically modified crops. Starting around 2007, improved tight oil and shale gas technologies turned the declining US fossil fuel production into a booming industry. We study the effects of these two...
Persistent link: https://www.econbiz.de/10011761618
This paper explores the effect of natural resource dependence on market concentration of imports. Using a new panel database for importing firms in developing and emerging market economies, the paper shows that higher natural resource dependence is associated with larger market concentration of...
Persistent link: https://www.econbiz.de/10012603189