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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
Recent studies indicate that the natural resource curse, that is, the negative link between resource abundance and growth, may operate through a country’s financial system. Scholars show that resource-abundant economies suffer from lower financial development, which may indirectly affect...
Persistent link: https://www.econbiz.de/10010433904
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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
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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operating in knowledge intensive sectors and start-ups belonging to the remaining ones. This separation is done in order to … interpret the estimation results for start-ups in knowledge intensive sectors in a reliable way. The remaining firms serve as a …
Persistent link: https://www.econbiz.de/10001462371
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Do contributions to online content platforms induce a feedback loop of ever more user-generated content or will they discourage future contributions? To assess this, we use a randomized field experiment which added content to some pages in Wikipedia while leaving similar pages unchanged. We find...
Persistent link: https://www.econbiz.de/10011983935