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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi - 2012
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focuses on...
Persistent link: https://www.econbiz.de/10013107701
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Oil Exports and the Iranian Economy
Esfahani, Hadi Salehi - 2009
This paper develops a long run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focus on short...
Persistent link: https://www.econbiz.de/10013154980
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Who Benefits from Local Oil and Gas Employment? Labor Market Composition in the Oil and Gas Industry in Texas
Cai, Zhengyu - 2019
This paper examines local labor market outcomes from an oil and gas boom in Texas. We examine two main outcomes across gender, race, and ethnicity: the probability of employment in the oil and gas industry and the log wages of workers employed outside the oil and gas industry. We find that men...
Persistent link: https://www.econbiz.de/10012868833
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What Remains after the Oil Boom is Over?
Jelnov, Pavel - 2019
This paper links between Beckerian literature that shows that marriage is a normal good with respect to male income and the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a positive shock on some males. The analyzed outcome is...
Persistent link: https://www.econbiz.de/10012870157
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The Impact of Oil Revenues on the Iranian Economy and the Gulf States
Dreger, Christian - 2014
In line with the neoclassical growth model a persistent stream of oil revenues might have a long lasting impact on GDP per capita in oil exporting countries through higher investment activities. This relationship is explored for Iran and the countries of the Gulf Cooperation Council (GCC) using...
Persistent link: https://www.econbiz.de/10013055567
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Can the UAE Avoid the Oil Curse by Economic Diversification?
Haouas, Ilham - 2014
Recent research conclude that the GCC economies have failed to address the oil curse. They are far behind other countries, especially those in the G7, which possess huge reserves of oil wealth but have undertaken economic diversification to correct the ill-effects of an oil curse. This paper...
Persistent link: https://www.econbiz.de/10013057462
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On the Reversibility of Structural Reforms
Campos, Nauro F. - 2012
evidence showing that (a) FDI inflows reduce the likelihood of privatization reversals, (b) worsened terms of trade increase …
Persistent link: https://www.econbiz.de/10013106946
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Asset Stripping, Rule of Law and Firm Survival : The Hoff-Stiglitz Model and Mass Privatization in Montenegro
Koman, Matjaz - 2013
-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …
Persistent link: https://www.econbiz.de/10013071449
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Corruption and Bureaucratic Structure in a Developing Economy
Bennett, John - 2007
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem - when a foreign firm sinks an investment to provide infrastructure services. We focus on the structure of the economy's bureaucracy, which can be centralized or decentralized,...
Persistent link: https://www.econbiz.de/10012778446
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Enterprise Restructuring in Belarus
Bakanova, Marina - 2006
We explore the impact of privatization and the entry of new firms on enterprise performance in Belarus, a transition …
Persistent link: https://www.econbiz.de/10012780018