Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their … confirmation of this aspect of natural resources. Waste and poor institutional quality stemming from oil appear to have been … which involves directly distributing the oil revenues to the public. Even with all the difficulties that will no doubt …

Some natural resources—oil and minerals in particular—exert a negative and nonlinear impact on growth via their … confirmation of this aspect of natural resources. Waste and corruption from oil rather than Dutch disease has been responsible for … distributing the oil revenues to the public. Even with all the difficulties of corruption and inefficiency that will no doubt …

We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find … muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while … onshore oil has only modest effects on non-oil GDP composition. However, oil abundance causes municipal revenues and reported …

This paper studies the oil-violence link in the Niger Delta, systematically taking into consideration domestic and … and political-institutional and socioeconomic weakness that existed even before the beginning of the “oil era.” Oil has … oil theft helps to explain the perpetuation of the violent conflicts at a low level of intensity. …

This paper explores an oil discovery natural experiment to assess the role of natural resources in determining … corruption. We argue that an anticipated oil boom may increase corruption by boosting the value attributed by an elite to being … in power when the actual oil exploration begins. We test this proposition by analyzing the impact of the oil discovery …

underlying it. A key finding is that the role of the oil sector, and particularly privately owned oil companies, has been vastly … more important in driving economic growth since 2001 than most analyses have recognised. The oil sector’s contribution to … postcrisis fiscal policy, by balancing the federal budget over the oil-price cycle, has also been essential for creating a …

upgrading of the material used to obtain the magical transformation of the natural elements into caloric energy: wood, coal, oil …

Starting in 2005, nontax revenue in Georgia is expected to rise significantly, in the form of transit fees for oil … transported through the Baku-Tbilisi-Ceyhan Oil Pipeline. Transit fees for gas transported through the South Caucasus Pipeline are …