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...

This study aims at unveiling regional development differences in Norway with respect to various natural resource-based activities that take place in the NUTS3 regions. Norway's natural riches range from agricultural and forest resources to fisheries, mines, petroleum and gas. Considering the...

This paper studies the effect of oil discoveries on economic growth in Brazilian municipalities for the period from 1940 to 2000. It uses a unique identification strategy which exploits data on the drilling of approximately 20,000 oil wells in Brazil since oil explorations began in the country....

Drawing upon the literature on environmental innovation and social metabolism, this paper investigates whether technology can lessen the problem of scarce natural resources. We focus on fossil and biomass materials as important resources for production and consumption. Utilizing a dynamic panel...

As the ongoing process of global warming goes along with changes in both mean precipitation and precipitation extremes, the scientific interest in the effects of rainfall on economic prosperity has recently grown significantly. However, the few existing empirical studies of short-run growth...

The greening of business is now widely recognized as firms take the lead from reluctant governments in making sustainable operations profitable. The greening of business may be contrasted with the "business of greening" - in the sense that greening may be associated with the emergence of smart...