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Context matters - rethinking the resource curse in Sub-Saharan Africa
Basedau, Matthias - 2005
Natural resources in sub-Saharan Africa suffer from a bad reputation. Oil and diamonds, particularly, have been blamed …
Persistent link: https://www.econbiz.de/10011929290
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Resources, Agriculture and Economic Growth in Economies in Transition
Gylfason, Thorvaldur - 2021
This paper reviews some reasons why natural resource abundance and extensive agriculture appear to impede economic growth around the world. The paper presents empirical, cross-sectional evidence of various aspects of this relationship in the transition economies in Central and Eastern Europe and...
Persistent link: https://www.econbiz.de/10013321190
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Ethnic diversity, concentration of political power and the curse of natural resources
Wadho, Waqar; Hussain, Sadia - 2020
The empirical evidence suggests that the resource rich countries tend to have poor economic perfor- mance and higher rent seeking. In this paper, we develop a general equilibrium model explaining why natural resources turn out to be a curse in an economy divided into two classes: elite and...
Persistent link: https://www.econbiz.de/10012249701
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Resources, Agriculture, and Economic Growth in Economies in Transition
Gylfason, Thorvaldur - 2010
This paper reviews some reasons why natural resource abundance and extensive agriculture appear to impede economic growth around the world. The paper presents empirical, cross-sectional evidence of various aspects of this relationship in the transition economies in Central and Eastern Europe and...
Persistent link: https://www.econbiz.de/10014199132
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Resources, Agriculture and Economic Growth in Economies in Transition
Gylfason, Thorvaldur - 2013
This paper reviews some reasons why natural resource abundance and extensive agriculture appear to impede economic growth around the world. The paper presents empirical, cross-sectional evidence of various aspects of this relationship in the transition economies in Central and Eastern Europe and...
Persistent link: https://www.econbiz.de/10014121250
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Natural Resources, National Income, and Resource Movement Effect under a Rent-Seeking Monopoly
Muradov, Anar - 2023
In this paper, a new model is developed by referring to the literature on Dutch disease and rent-seeking for explaining how a natural resource boom in the energy sector decreases national income and induces a resource movement effect under a rent-seeking monopoly. In such a model, it is shown...
Persistent link: https://www.econbiz.de/10014263908
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Natural Resources and Rent Seeking Collusion in the Context of Dutch Disease
Muradov, Anar - 2022
A new model is proposed in this paper by concentrating on the Dutch disease phenomenon along with rent seeking to demonstrate how a natural resource abundance (or a resource boom) affects resource movement and national income under rent seeking collusion in the energy sector. Dutch disease and...
Persistent link: https://www.econbiz.de/10014264620
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Oil discoveries and democracy
Masi, Tania; Ricciuti, Roberto - 2016
evolution of the democracy level of countries affected by giant oil discoveries with the weighted democracy level of countries … democracy in the pre-event period are not affected by the peak of oil discoveries. These results support heterogeneity and non … of oil discovery from the 1970s, we find that the exogenous variation in oil endowment does not have the same effect on …
Persistent link: https://www.econbiz.de/10011532383
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Oil discoveries and democracy
Masi, Tania; Ricciuti, Roberto - 2016
evolution of the democracy level of countries affected by giant oil discoveries with the weighted democracy level of countries … democracy in the pre-event period are not affected by the peak of oil discoveries. These results support heterogeneity and non … of oil discovery from the 1970s, we find that the exogenous variation in oil endowment does not have the same effect on …
Persistent link: https://www.econbiz.de/10011460039
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Natural resource exports, foreign aid and terrorism
Asongu, Simplice - 2019
Linkages between foreign aid, terrorism and natural resource (fuel and iron ore) exports are investigated in this study. The focus is on 78 developing countries with data for the period 1984 to 2008. The generalised method of moment is employed as empirical strategy. Three main foreign aid...
Persistent link: https://www.econbiz.de/10012112191