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, such as oil, minerals, and forests, continue to attract significant investments whereas others, like natural gas, could be …
Persistent link: https://www.econbiz.de/10005605427
The objective of this report is to provide an overview of the evolution of productivity in the natural resources industries in Canada over the last 40 years. This report presents data and discusses trends in labour and total factor productivity for natural resources industries in Canada over the...
Persistent link: https://www.econbiz.de/10005650224
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 which disregard uncertainty, investigating distortionary...
Persistent link: https://www.econbiz.de/10005652159
internal violence. This paper uses a novel dataset on oil and natural gas property rights covering 40 countries during the … hydrocarbon production and civil conflict onset – often found in previous studies – only applies to countries in which oil and gas …
Persistent link: https://www.econbiz.de/10010680429
Furman-Stiglitz (1998) hypothesize that improved transparency in financial markets intensifies volatility, yet more conventional wisdom exemplified by the International Monetary Fund’s position states that lack of transparency intensifies volatility. Mohtadi-Ruediger (2012) provide a...
Persistent link: https://www.econbiz.de/10010778500
Furman-Stiglitz (1998) hypothesize that improved transparency in financial markets intensifies volatility, yet more conventional wisdom exemplified by the International Monetary Fund’s position states that lack of transparency intensifies volatility. Mohtadi-Ruediger (2012) provide a...
Persistent link: https://www.econbiz.de/10010779954
Furman-Stiglitz (1998) hypothesize that improved transparency in financial markets intensifies volatility, yet more conventional wisdom exemplified by the International Monetary Fund’s position states that lack of transparency intensifies volatility. Mohtadi-Ruediger (2012) provide a...
Persistent link: https://www.econbiz.de/10010781911
analysis shows that the presence and location of oil are significant and quantitatively important predictors of inter …
Persistent link: https://www.econbiz.de/10010659016
natural resources, in particular on oil resources. The combination of multilateral aid and oil rents independence favour the …
Persistent link: https://www.econbiz.de/10010584064
Monetary policy can play an important role in managing oil discoveries. Ideally governments will use fiscal policy to … smooth consumption of oil income. In practice this often does not happen, as governments delay spending until oil revenues … how monetary policy should respond. The paper makes three contributions. The first is to show that an oil discovery causes …
Persistent link: https://www.econbiz.de/10010720426