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 …

This study investigates the impact of natural resources on wealth inequality as a first attempt on a panel of 45 … evidence that natural resources increase wealth inequality within a linear empirical framework. These results are robust to the … use of alternative natural resources and wealth inequality measures. Additionnaly, a nonlinear analysis provides evidence …

production in the future. Discovery is therefore valuable and should be considered as adding to national wealth through increases … resource value chain. Many countries will need to improve management along the entire chain if resource wealth is to benefit …

resources seems to depend on how resource wealth is measured. While most of these studies use the growth of GDP, a flow variable …, as the dependent variable, we propose to use the growth of real total wealth, a stock variable. By this, the idea of … resource curse for oil and gas rich countries. The higher the share of oil and gas wealth in total wealth per capita in 1995 …