Add to ORKGcomments and research assistance. The title is still provisional. Empirical evidence suggests that the natural-resource curse operates through the behavior of the political elite, yet there are few models that convincingly illustrate the mechanism at work. I present a model where natural-resource abundance generates power struggles, thereby increasing the effective discount rate of the governing group. As a result, the elite makes fewer investments in the long-run development of the country.
Abstract: The natural resource curse represents an enormous impediment to development. Yet it is im...
In this paper we argue that the political incentives that resource endowments generate are the key t...
This paper presents a critical survey of the literature on the ‘resource curse’, focusing on three m...
Empirical evidence suggests that the natural-resource curse operates through the behavior of the pol...
A puzzling piece of empirical evidence suggests that resource-abundant countries tend to grow slower...
In this Paper we argue that the political incentives that resource endowments generate are the key t...
We propose a theoretical model to explain empirical regularities related to the curse of natural res...
We discuss political economy mechanisms which can explain the resource curse, in which an increase i...
In this paper we argue that the political incentives that resource endowments generate are the key t...
We discuss political economy mechanisms which can explain the resource curse, in which an increase i...
We propose a theoretical model to explain empirical regularities related to the curse of natural res...
We propose a theoretical model to explain empirical regularities related to the curse of natural res...
A puzzling piece of empirical evidence suggests that resource-abundant countries tend to grow slower...
We discuss political economy mechanisms which can explain the resource curse, in which an increase i...
According to the resource curse hypothesis, natural resource abundance can lead to lower growth. The...
Abstract: The natural resource curse represents an enormous impediment to development. Yet it is im...
In this paper we argue that the political incentives that resource endowments generate are the key t...
This paper presents a critical survey of the literature on the ‘resource curse’, focusing on three m...
Empirical evidence suggests that the natural-resource curse operates through the behavior of the pol...
A puzzling piece of empirical evidence suggests that resource-abundant countries tend to grow slower...
In this Paper we argue that the political incentives that resource endowments generate are the key t...
We propose a theoretical model to explain empirical regularities related to the curse of natural res...
We discuss political economy mechanisms which can explain the resource curse, in which an increase i...
In this paper we argue that the political incentives that resource endowments generate are the key t...
We discuss political economy mechanisms which can explain the resource curse, in which an increase i...
We propose a theoretical model to explain empirical regularities related to the curse of natural res...
We propose a theoretical model to explain empirical regularities related to the curse of natural res...
A puzzling piece of empirical evidence suggests that resource-abundant countries tend to grow slower...
We discuss political economy mechanisms which can explain the resource curse, in which an increase i...
According to the resource curse hypothesis, natural resource abundance can lead to lower growth. The...
Abstract: The natural resource curse represents an enormous impediment to development. Yet it is im...
In this paper we argue that the political incentives that resource endowments generate are the key t...
This paper presents a critical survey of the literature on the ‘resource curse’, focusing on three m...