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Natural resources and wealth inequality : a cross-country analysis
Tadadjeu, Sosson; Ndieupa, Henri Njangang; Asongu, Simplice - 2021
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 …
Persistent link: https://www.econbiz.de/10012489866
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Exogenous resource shocks and economic freedom
O'Reilly, Colin; Murphy, Ryan - In: Comparative economic studies 59 (2017) 3, pp. 243-260
Persistent link: https://www.econbiz.de/10011785267
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Does information break the political resource curse? : experimental evidence from Mozambique
Armand, Alex; Coutts, Alexander; Vicente, Pedro C.; … - 2019
The political resource curse is the idea that natural resources can lead to the deterioration of public policies through corruption and rent-seeking by those closest to political power. One prominent consequence is the emergence of conflict. This paper takes this theory to the data for the case...
Persistent link: https://www.econbiz.de/10011958005
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Natural resource rents, autocracy and economic freedom
Endrikat, Morten - 2021
This paper theoretically and empirically investigates the effect of natural resource rents on the process of economic liberalization and a potential moderating effect of the level of democracy. A simple political-economic model is developed in which the government in an autocratic country faces...
Persistent link: https://www.econbiz.de/10012543604
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The 'Resource Curse' and Constraints to Reforming Nigeria's Oil Sector
Usman, Zainab - 2019
This book chapter analyzes the dysfunctions of Nigeria’s oil sector, often framed as the “resource curse.” The resource curse thesis has for long been employed to explain the developmental challenges of veteran oil and mineral exporters such as Nigeria. This chapter examines the weaknesses...
Persistent link: https://www.econbiz.de/10014104797
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The Oil Cycle, the Resource Curse, and the Tax-Spend Hypothesis : A VAR Analysis for Angola
Carneiro, Francisco - 2005
The intertemporal relationship between oil revenues, real government spending and real output over the oil cycle is investigated for the case of Angola, the second largest oil producer in Sub-Saharan Africa. The results of a trivariate VAR, impulse response functions, and variance decomposition...
Persistent link: https://www.econbiz.de/10014064740
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Disaggregating the resource curse : is the curse more difficult to dispel in oil states than in mineral states?
Azarchs, Timothy; Khitarishvili, Tamar - 2010
The hypothesis of the natural resource curse has captivated the economics profession, and since the mid-1990s has generated a large body of policymaking initiatives aimed at dispelling the curse. In this paper, we evaluate how the effect of resource abundance on economic growth has changed since...
Persistent link: https://www.econbiz.de/10008759440
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Winning the Oil Lottery : The Impact of Natural Resource Extraction on Growth
Cavalcanti, Tiago - 2016
This paper provides evidence of the causal impact of oil discoveries on development. Novel data on the drilling of 20,000 oil wells in Brazil allows us to exploit a quasi-experiment: Municipalities where oil was discovered constitute the treatment group, while municipalities with drilling but no...
Persistent link: https://www.econbiz.de/10012993723
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A resource-rich neighbor is a misfortune : the spatial distribution of the resource curse in Brazil
Ishak, Phoebe W.; Méon, Pierre-Guillaume - 2020
We study the spatial distribution of the effect of oil and gas revenues on Brazilian municipalities, using variations in the international prices of oil and gas to establish causality. Oil and gas revenues increase economic activity, measured by night-time light emissions, in oil-producing...
Persistent link: https://www.econbiz.de/10012436252
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The Elusive Curse of Oil
Alexeev, Michael; Conrad, Robert F. - 2005
of a negative effect of oil and mineral wealth on the countries' institutions as well as on some other factors …
Persistent link: https://www.econbiz.de/10014062318