Debate on the question of who should receive the surplus revenue generated by natural-resource exploitation -- Ottawa or the provinces -- is usually carried on in terms of history, politics custom, law, social values, and environmental considerations. This collection of essays presents analyses...

Intro -- Contents -- The British Columbia Institute of Economic Policy Analysis -- Foreword -- Introduction -- Acknowledgments -- Who Should Get Natural Resource Revenues? -- The Constitution: A Basis for Bargaining -- The Political Context of Resource Development in Canada -- Equalization...

Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste and...

This paper uses a newly constructed revenue dataset of 35 resource-rich countries for the period 1992-2009 to analyze the impact of expanding resource revenues on different types of domestic (non resource) tax revenues. Overall, we find a statistically significant negative relationship between...

The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...

The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...