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The literature on taxation of rents from nonrenewable resources uses different theoretical assumptions and methods and a variety of empirical observations to arrive at widely diverging conclusions. Many studies use models and methods that disregard uncertainty, investigating distortionary...
Persistent link: https://www.econbiz.de/10010822990
According to conventional wisdom, strategic natural resources like oil are harmful to international peace. Nonetheless … impact of oil on militarized interstate disputes on a monadic level of analysis, this paper shows that oil in fact influences … the conflict potential between countries. Results of logistic regressions suggest that a high absolute oil production is …
Persistent link: https://www.econbiz.de/10009003133
oil and gas have both had an effect on the scope of these measures and reveal their limits. Moreover, some of the critical …
Persistent link: https://www.econbiz.de/10008684490
We present evidence on one facet of energy security in OECD economies - the extent of diversification in sources of oil … much change in diversification in oil supplies over the last decade, but diversification in sources of natural gas supplies …
Persistent link: https://www.econbiz.de/10008876592
commodity, or the presence of sustained aid or capital inflows). Where the natural resources discovered are oil or minerals, a …
Persistent link: https://www.econbiz.de/10008837682
This paper studies how monetary policy should respond to news about an oil discovery, using a workhorse New Keynesian … oil revenues by appreciating the terms of trade, creating “Dutch disease” and a deflationary bias which is overcome by …
Persistent link: https://www.econbiz.de/10011185838
This paper studies how monetary policy should respond to news about an oil discovery, using a workhorse New Keynesian … oil revenues by appreciating the terms of trade, creating “Dutch disease” and a deflationary bias which is overcome by …
Persistent link: https://www.econbiz.de/10011126400
This paper studies how monetary policy should respond to news about an oil discovery, using a workhorse New Keynesian … oil revenues by appreciating the terms of trade, creating “Dutch disease” and a deflationary bias which is overcome by …
Persistent link: https://www.econbiz.de/10011031843
According to a wide literature, oil has a negative effect on the level of democracy because of induced economic and … political distortions. At the same time, however, oil fosters economic development and people’s general life conditions. Using … 30 years of international data on 34 oil countries, we show that the total effect is negative and significant and provide …
Persistent link: https://www.econbiz.de/10011163089
apply to capital-scare countries; iv) Finance consumption and investment with oil; v) Use a temporary Parking Fund to …
Persistent link: https://www.econbiz.de/10011164423