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We empirically examine the impact of oil wealth on property rights protection for a sample of 156 countries between … 1960 and 2014. We find that higher levels of oil wealth result in weaker private property rights. This result is robust to … different instrumental-variable approaches and operationalizations of oil wealth and economic institutions. We argue that oil …
Persistent link: https://www.econbiz.de/10012220565
We empirically examine the impact of oil wealth on property rights protection for a sample of 156 countries between … 1960 and 2014. We find that higher levels of oil wealth result in weaker private property rights. This result is robust to … different instrumental-variable approaches and operationalizations of oil wealth and economic institutions. We argue that oil …
Persistent link: https://www.econbiz.de/10012832191
We study the role of proximity to historical ethnic borders in determining individual land ownership in Sub-Saharan Africa. Following an instrumental variable strategy, we document that individuals have a lower likelihood of owning land near historical ethnic borders. In particular, the...
Persistent link: https://www.econbiz.de/10014249737
We study the role of proximity to historical ethnic borders in determining individual land ownership in Sub-Saharan Africa. Following an instrumental variable strategy, we document that individuals have a lower likelihood of owning land near historical ethnic borders. In particular, the...
Persistent link: https://www.econbiz.de/10014276040
We analyze the effects of different regimes of control rights over critical resources on the total domestic income of open economies. We consider home control, foreign control, and international partnerships in a theoretical model where contracts are incomplete, resource exploitation requires...
Persistent link: https://www.econbiz.de/10009553288
We study experimentally a two-stage common pool resource game. In the first stage, selected members of the group determine the level of protection for the resource. The protected fraction of the resource is equally shared among group members. In the second stage, the unprotected fraction of the...
Persistent link: https://www.econbiz.de/10012289137
We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracy on institutional quality is increasing...
Persistent link: https://www.econbiz.de/10012236426
The impact of natural resources on intrastate violence has been increasingly analyzed in the peace and conflict literature. Surprisingly, little quantitative evidence has been gathered on the effects of the resource-ownership structure on internal violence. This paper uses a novel dataset on oil...
Persistent link: https://www.econbiz.de/10009745318
Persistent link: https://www.econbiz.de/10011993458
Since 2010, Myanmar has been in the midst of a multifaceted transition, involving economic reforms, the resolution of multiple long-standing civil conflicts, and a nascent transition to democratic rule. These transitions are coinciding with a resource-led economic boom. The paper assesses the...
Persistent link: https://www.econbiz.de/10010519523