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Nonlinear phenomena in a growing economy with convex adjustment costs
Mendonça, Gui Pedro de - 2013
This paper studies the dynamic effect of oil rents on industrial added value in a sample of countries with different levels of development. Using a SVAR model, we tested the effect of a real shock and a nominal shock on the variables of the model. The main obtained results are three. First, we...
Persistent link: https://www.econbiz.de/10011527066
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Leader Behaviour and the Natural Resource Curse
Caselli, Francesco - 2010
We discuss political economy mechanisms which can explain the resource curse, in which an increase in the size of resource rents causes a decrease in the economy's; total value added. We identify a number of channels through which resource rents will alter the incentives of a political leader....
Persistent link: https://www.econbiz.de/10013150881
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Resource Curse, Political Entry, and Deadweight Costs
Tsui, Kevin K. - 2010
A simple model of political entry in a two-sector economy is developed to analyze the effects of natural resource wealth on economic policy, political development, and civil insurrection. The model emphasizes the role of political entry and deadweight costs in taxation on the joint determination...
Persistent link: https://www.econbiz.de/10012757849
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Why there should be no political foreign aid curse
Altincekic, Ceren; Bearce, David H. - In: World development : the multi-disciplinary … 64 (2014), pp. 18-32
Persistent link: https://www.econbiz.de/10010487173
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A Lipsetian theory of democratization : development, education, inequality, and resources
Boucekkine, Raouf; Piacquadio, Paolo G.; Prieur, Fabien - 2016
The paper reexamines Lipset's theory of democratization, by distinguishing the role of (economic) development from that … explanation of the positive relationship between economic development, education, and democratization, and of the negative … relationship between inequality and democratization. Furthermore, we obtain new insights on the resources-curse hypothesis and on …
Persistent link: https://www.econbiz.de/10011587539
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War and natural resource exploitation
van der Ploeg, Frederick; Rohner, Dominic - 2010
Although the relationship between natural resources and civil war has received much attention, little is known about the underlying mechanisms. Controversies and contradictions in the stylized facts persist because resource extraction is treated as exogenous while in reality fighting affects...
Persistent link: https://www.econbiz.de/10010274999
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Optimal tariffs on exhaustible resources: The case of a quantity setting cartel
Fujiwara, Kenji; Long, Ngo Van - 2012
We formulate a dynamic game model of trade in an exhaustible resource with a quantity-setting cartel. We compute the feedback Nash equilibrium and two Stackelberg equilibria under two different leadership scenarios: leadership by the strategic importing country, and leadership by the exporting...
Persistent link: https://www.econbiz.de/10010280841
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Rent seekers in rentier states : when greed brings peace
Bjorvatn, Kjetil; Naghavi, Alireza - 2010
Are natural resources a source of conflict or stability? Empirical studies demonstrate that rents from natural resources, and in particular oil, are an important source of civil war. Allegedly, resource rents attract rent seekers, which destabilize society. However, there is a large literature...
Persistent link: https://www.econbiz.de/10008702725
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War and natural resource exploitation
Ploeg, Frederick van der; Rohner, Dominic - 2010
Although the relationship between natural resources and civil war has received much attention, little is known about the underlying mechanisms. Controversies and contradictions in the stylized facts persist because resource extraction is treated as exogenous while in reality fighting affects...
Persistent link: https://www.econbiz.de/10008732315
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Optimal tariffs on exhaustible resources : the case of a quantity setting cartel
Fujiwara, Kenji; Long, Ngo Van - 2012
We formulate a dynamic game model of trade in an exhaustible resource with a quantity-setting cartel. We compute the feedback Nash equilibrium and two Stackelberg equilibria under two different leadership scenarios: leadership by the strategic importing country, and leadership by the exporting...
Persistent link: https://www.econbiz.de/10009488895