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Fickle fossils : economic growth, coal and the European oil invasion, 1900-2015
Fritzsche, Miriam; Wolf, Nikolaus - 2023
Fossil fuels have shaped the European economy since the industrial revolution. We use new long-run panel data to analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of European NUTS2 and NUTS3 regions. We show that the reversal of...
Persistent link: https://www.econbiz.de/10014487309
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Resource windfalls, political regimes, and political stability
Caselli, Francesco; Tesei, Andrea - 2011
Persistent link: https://www.econbiz.de/10009373066
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Natural resources, demand for external finance and financial development
Hattendorff, Christian - 2014
The paper contributes to the ongoing debate on the natural resource curse, which postulates a negative link between natural resource abundance and economic growth. It shows empirically that resource-rich countries appear to have a less developed financial system and investigates a potential...
Persistent link: https://www.econbiz.de/10010433905
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Fickle fossils : economic growth, coal and the European oil invasion, 1900-2015
Fritzsche, Miriam; Wolf, Nikolaus - 2022
Fossil fuels have shaped the European economy since the industrial revolution. In this paper, we analyse the effect of coal and oil on long-run economic growth, exploiting variation at the level of European NUTS-2 and NUTS-3 regions over the last century. We show that an "oil invasion" in the...
Persistent link: https://www.econbiz.de/10014088348
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Developing countries' political cycles and the resource curse : Venezuela's case
Márquez-Velázquez, Alejandro - 2019
The resource curse literature's main lesson is that developing and natural resource-rich countries should save most of their oil windfalls in foreign currency. Moreover, the political cycle literature's recent contributions predict stronger cycles in these countries. This paper investigates how...
Persistent link: https://www.econbiz.de/10012101354
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Deforestation and environmental policy : a DSGE approach
Pereira, Rodrigo Mendes; Góes, Geraldo Sandoval - 2019
This paper proposes an environmental DSGE model with deforestation of a tropical rain forest. The forest can be used to … the taxation of the deforestation activity. We calibrate the model for the Brazilian economy, and show that it predicts a … procyclical deforestation, and that a more stringent policy reduces the volatility of deforestation. Moreover, technological …
Persistent link: https://www.econbiz.de/10012126366
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Foreign agents? : natural resources & the political economy of civil society
Breyel, Corinna; Grigoriadis, Theocharis - 2016
Resource-rich dictatorships are more inclined to repress civil society than others. In this paper, we identify a tradeoff between political rents from natural resources and the organizational density of civil society. This organizational density determines the extent to which citizens can...
Persistent link: https://www.econbiz.de/10011536049
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Relative factor endowments and international portfolio choice
Cuñat, Alejandro (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003731174
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The user cost of nonrenewable resources and green accounting
Diewert, Walter E.; Fox, Kevin J. - 2016
Persistent link: https://www.econbiz.de/10011575038
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Climate change and measures of economic growth : solving the spatial mismatch problem
Lakhtakia, Devina; McKitrick, Ross - 2022
Persistent link: https://www.econbiz.de/10013262985