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Natural resources in sub-Saharan Africa suffer from a bad reputation. Oil and diamonds, particularly, have been blamed for a number of Africa's illnesses such as poverty, corruption, dictatorship and war. This paper outlines the different areas and transmission channels of how this so-called...
Persistent link: https://www.econbiz.de/10011929290
Public trustees at the state, federal, and tribal level are tasked with ensuring that those responsible for destroying or damaging natural resources sufficiently compensate the public for its loss. Those trustees have the fiduciary duty to maintain and restore the natural resources within the...
Persistent link: https://www.econbiz.de/10014135631
This study extends the literature by examining the linear and nonlinear effects of natural resource income and the contribution of environmental demands to long-term economic growth in resource-reliant economies (RREs). Data was sourced from 45 RREs from 1970 to 2019 and processed using three...
Persistent link: https://www.econbiz.de/10014081580
An important question in development studies is how abundance of natural resources affects long-term economic growth. No consensus answer, however, has yet emerged, with approximately 40% of empirical papers finding a negative effect, 40% finding no effect, and 20% finding a positive effect....
Persistent link: https://www.econbiz.de/10011432122
An important question in development studies is how abundance of natural resources affects long-term economic growth. No consensus answer, however, has yet emerged, with approximately 40% of empirical papers finding a negative effect, 40% finding no effect, and 20% finding a positive effect....
Persistent link: https://www.econbiz.de/10011375693
liberalization and a potential moderating effect of the level of democracy. A simple political-economic model is developed in which …
Persistent link: https://www.econbiz.de/10012543604
resource extraction and the local economy. This paper documents this legislation and the institutions set up to enforce and …
Persistent link: https://www.econbiz.de/10011922176
In this study, nexuses between governance and natural resource rents are assessed in 44 sub-Saharan African countries using data for the period 1996-2016. The empirical evidence is based on Tobit regressions. The findings show that political governance (entailing “voice &...
Persistent link: https://www.econbiz.de/10013041366
Persistent link: https://www.econbiz.de/10013266044
This paper investigates the economic impacts of the mining sector on household expenditures. Employing the difference-in-differences model and the Mongolia Household Socio-Economic Survey data from 2008 to 2016, I find that the mining activities benefited local residents. Specifically, mining...
Persistent link: https://www.econbiz.de/10013173111