We examine the impact of natural resources on economic growth in Russia’s regions since the introduction of the mineral tax in 2002. Using novel measures of natural resource rents produced in, but not necessarily appropriated by the regions (mineral tax collections), we demonstrate that...

The study of development in natural resource rich countries has brought along the resource curse theory that emerged under the belief that resource abundance tends to bring poor social, political and economic outcomes. Political economy explanations for the failure to develop experienced by...