This paper sheds light on the relationship between oil rent and the allocation of talent, toward rent-seeking versus more productive activities, conditional on the quality of institutions. Using a sample of 69 developing countries, we demonstrate that oil resources orient university students...

Evidence shows that the allocation of talented people is not neutral for growth. Thus, a country with a large population of law concentrators tends to develop rent-seeking activities that reduce growth. A country with a large population of engineers tends to foster innovation and strengthen...

Evidence shows that the allocation of talented people is not neutral for growth. Thus, a country with a large population of law concentrators tends to develop rent-seeking activities that reduce growth. A country with a large population of engineers tends to foster innovation and strengthen...

This paper provides the first econometric evidence on the impact of oil wealth on Cameroon's economy. In contrast to previous descriptive analyses, this paper reports that the oil boom had a positive effect on the traditional, non-oil sector in Cameroon and that the oil sector does not appear to...

Evidence has shown that the allocation of talented people affects the long-term growth. It has been found that a large population of engineers tends to foster innovation and growth more rapidly than population of lawyers and other activities with access to the public rent. Yet little is known...

This paper focuses on medium term policy options in the economic context of natural resource depletion. In particular, a novel approach for analyzing the impact of the permanent income hypothesis (PIH) with a dynamic recursive computable general equilibrium (CGE) model is employed. The model is...

While it is well known that resource exporting countries have higher export concentration, it is lesser known that there is substantial variance in export concentration fortunes within resource-based countries. Using several estimation techniques and other sensitivity checks, this paper offers a...

Cet article propose une évaluation quantitative des interactions entre d’une part, le Produit Intérieur Brut (PIB) par habitant et le taux de chômage, et d’autre part, l’immigration permanente en France métropolitaine sur la période 1994-2008. L’immigration est mesurée par les...

This paper examines the causality relationship between immigration, unemployment and economic growth of the host country. We employ the panel Granger causality testing approach of K´onya (2006) that is based on SUR systems and Wald tests with country specific bootstrap critical values. This...

We study the contribution of market regulations to the dynamics of the real exchange rate within the European Union. Based on a model proposed by De Gregorio et al. (Rev Int Econ 2(3):284–305, <CitationRef CitationID="CR19">1994a</CitationRef>), we show that both product market regulations in nontradable sectors and employment...</citationref>