Journal Article

Resources for Sale: Corruption, Democracy and the Natural Resource Curse

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collection.link.125
https://openknowledge.worldbank.org/handle/10986/4401
collection.name.125
C. Journal articles published externally
dc.contributor.author
Bulte, Erwin
dc.contributor.author
Damania, Richard
dc.date.accessioned
2012-03-30T07:33:00Z
dc.date.available
2012-03-30T07:33:00Z
dc.date.issued
2008
dc.description.abstract
A puzzling piece of empirical evidence suggests that resource-abundant countries tend to grow slower than their resource-poor counterparts. We attempt to explain this phenomenon by developing a lobbying game in which rent seeking firms interact with corrupt governments. The presence or absence of political competition, as well as the potential costs of political transitions, turn out to be key elements in generating the 'resource curse.' These variables define the degree of freedom that incumbent governments have in pursuing development policies that maximize surplus in the lobbying game, but put the economy off its optimal path.
en
dc.identifier.citation
B.E. Journal of Economic Analysis and Policy: Contributions to Economic Analysis and Policy
dc.identifier.issn
19351682
dc.identifier.uri
http://hdl.handle.net/10986/5473
dc.language.iso
EN
dc.relation.uri
http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holder
World Bank
dc.subject
Bureaucracy
dc.subject
Administrative Processes in Public Organizations
dc.subject
Corruption D730
dc.subject
Economic Development: Agriculture
dc.subject
Natural Resources
dc.subject
Energy
dc.subject
Environment
dc.subject
Other Primary Products O130
dc.subject
Formal and Informal Sectors
dc.subject
Shadow Economy
dc.subject
Institutional Arrangements O170
dc.title
Resources for Sale: Corruption, Democracy and the Natural Resource Curse
en
dc.title.alternative
B.E. Journal of Economic Analysis and Policy: Contributions to Economic Analysis and Policy
en
dc.type
Journal Article
en
okr.doctype
Journal Article
okr.externalcontent
External Content
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
320
okr.language.supported
en
okr.peerreview
Academic Peer Review
okr.relation.associatedurl
http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=0966729&site=ehost-live
okr.relation.associatedurl
http://www.bepress.com/bejeap/contributions/
okr.volume
8

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