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Long-Run Growth in Ghana : Determinants and Prospects
Herrera, Santiago - 2017
institutional reform to enhance the quality of institutions and make growth more inclusive …
Persistent link: https://www.econbiz.de/10012972474
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Modeling Uncertainty in Large Natural Resource Allocation Problems
Cai, Yongyang - 2020
The productivity of the world's natural resources is critically dependent on a variety of highly uncertain factors, which obscure individual investors and governments that seek to make long-term, sometimes irreversible investments in their exploration and utilization. These dynamic...
Persistent link: https://www.econbiz.de/10012841047
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Natural Capital, Ecological Scarcity and Rural Poverty
Barbier, Edward B. - 2017
Much of the rural poor -- who are growing in number -- are concentrated in ecologically fragile and remote areas. The key ecological scarcity problem facing such poor households is a vicious cycle of declining livelihoods, increased ecological degradation and loss of resource commons, and...
Persistent link: https://www.econbiz.de/10012974893
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Are Natural Resources Cursed? An Investigation of the Dynamic Effects of Resource Dependence on Institutional Quality
De Rosa, Donato - 2017
This paper examines whether natural resource dependence has a negative influence on various indicators of institutional quality when controlling for the potential effects of other geographic, economic and cultural initial conditions. Analysis of a panel of countries from 1996 to 2010 indicates...
Persistent link: https://www.econbiz.de/10012975086
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Natural Resources, Institutions, and Economic Growth : The Case of Nigeria
Raggl, Anna Katharina - 2017
low levels of corruption. Accumulation of human as well as physical capital, but also the quality of institutions and …
Persistent link: https://www.econbiz.de/10012951492
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Non-Renewable Resources, Fiscal Rules, and Human Capital
Levine, Paul - 2019
This paper develops a multi-sector, small open economy Dynamic Stochastic General Equilibrium model, which includes the accumulation of human capital, built via public expenditures in education and health. Four possible fiscal rules are examined for total public investment in infrastructure,...
Persistent link: https://www.econbiz.de/10012903112
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Natural Resources and Total Factor Productivity Growth in Developing Countries : Testing a New Methodology
Hamilton, Kirk - 2019
Estimates of total factor productivity growth, a measure of increases in the efficiency of production, have traditionally been based on a two-factor model of labor and fixed capital. Because profits are measured residually in the System of National Accounts, they implicitly include rents on...
Persistent link: https://www.econbiz.de/10012894754
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Resource Rents, Coercion, and Local Development : Evidence from Post-Apartheid South Africa
Bastos, Paulo - 2018
This paper examines how the dismantling of coercive institutions associated with the end of apartheid in South Africa … institutions and natural resource rents as an important driver of local development. Using data from the 1996 census, the paper … accord with standard bargaining theory in which the dismantling of coercive institutions improves the negotiating position of …
Persistent link: https://www.econbiz.de/10012936462
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Do Resource-Rich Countries Suffer from a Lack of Fiscal Discipline?
Bleaney, Michael - 2017
Fiscal indicators for resource-rich and resource-poor low- and middle-income countries are compared using annual data from 1996 to 2012. Resource richness is defined by export composition: fuel greater than a 25 percent share and/or ores and metals greater than a 10 percent share. Fuel exporters...
Persistent link: https://www.econbiz.de/10012970120
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Modeling the Marginal Value of Rainforest Losses : A Dynamic Value Function Approach
Strand, Jon - 2017
A rainforest can be modeled as a dynamic asset subject to various risks, including risk of fire. Any small part of the forest can be in one of two states: either untouched by forest fire, or already damaged by fire, in which case there is both a local forest loss and increased dryness over a...
Persistent link: https://www.econbiz.de/10012970812