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The purpose of this paper is to test whether institutional governance and its performance is a main driving force to achieve a positive relationship between natural resources and economic growth in the long run. The main objective is to ascertain what kind of institutional governance would be...
Persistent link: https://www.econbiz.de/10013056564
issues facing development planners throughout the world. The need for sustainable management of these valuable resources has … become a critical policy concern. Econometrics is a tool that can inform and facilitate such a management. However, it is … only recently that natural resource management has attracted the attention and interest of a critical mass of applied …
Persistent link: https://www.econbiz.de/10011112606
An extensive literature shows the importance of investment policy for sustainability of resource-based economies. The approaches of these studies are mostly based on theoretical results that examine the role of investments in a competitive optimizing economy. This paper extends some of these...
Persistent link: https://www.econbiz.de/10009220101
An extensive literature shows the importance of investment policy for sustainability of resource-based economies by examining the role of investment in current utility change (CUC) for a competitive optimizing economy. This paper extends some of these results by analysing the dependence of CUC...
Persistent link: https://www.econbiz.de/10009402045
Recently, the United Nations Population Fund (UNFPA) published “State of World Population 2002” which holds a Malthusian view on demography: population growth harms economic development. Based on that assumption, the UNFPA directs funds to reduce the fertility of Third World women. The...
Persistent link: https://www.econbiz.de/10011258603
Global modeling has evolved remarkably in the last two decades. Such evolution led it to perform today's role as an experimental laboratory for the social sciences, and particularly for applications to policy planning. Two of the most interesting applications to policy are to resource economics...
Persistent link: https://www.econbiz.de/10005837368
Two oil price shocks changed the pattern of cheap oil. The first was the Arab embargo on oil exports in 1973. Oil prices rose five fold. In 1978, the second was the fall of Shah Iran. Prices soared to $80-$100 a barrel in today‘s prices. In 1960, OPEC was established and since then it has been...
Persistent link: https://www.econbiz.de/10008756323
Economic choices influenced by animalistic instincts in an ethically neutral framework have not only resulted in huge disparity in distribution of income, wealth and standard of living, but, as we now realize, it has also resulted in unprecedented loss to ecology and environment with...
Persistent link: https://www.econbiz.de/10011113621
Cross disciplinary dialogue between economics and ecology has within economics centered on the two subdisciplines of bioeconomics and ecological economics. This division in economics re ects the division in ecology between population and sys- tems ecologists. Recent developments in ecology are...
Persistent link: https://www.econbiz.de/10005790288
The purpose of this research is to evaluate the hypothesis of differentiated growth in the municipalities of Colombia which receives rents from exploitation of non-renewable natural resources in comparison with the rest of the country. A specific strategy is to estimate the empirical evidence...
Persistent link: https://www.econbiz.de/10011259303