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An Alternative Explanation for the Resource Curse.
The paper provides an alternative explanation for the ""resource curse"" based on the income effect resulting from high government current spending in resource rich economies. Using a simple life cycle framework, we show that private investment in the non-resource sector is adver...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
2009.
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| Colección: | IMF Working Papers.
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 001 | EBOOKCENTRAL_ocn870245355 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
| 007 | cr |n||||||||| | ||
| 008 | 140208s2009 dcu o 000 0 eng d | ||
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| 020 | |a 9781451916898 | ||
| 020 | |a 1451916892 | ||
| 029 | 1 | |a DEBBG |b BV044178533 | |
| 035 | |a (OCoLC)870245355 | ||
| 050 | 4 | |a HD75 |b .A45 2009 | |
| 049 | |a UAMI | ||
| 100 | 1 | |a Alichi, Ali. | |
| 245 | 1 | 3 | |a An Alternative Explanation for the Resource Curse. |
| 260 | |a Washington : |b International Monetary Fund, |c 2009. | ||
| 300 | |a 1 online resource (26 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a I. Introduction; Tables; 1. Composition of Government Expenditures in Oil Exporting; II. A Simple Model; A. Closed Economy; Figures; 1. Non-Hydrocarbon GDP Growth and Government Current Spending; 2. Transition Paths; B. Openness and Resource Curse; C. Altruism and Resource Curse; III. Empirical Investigation; A. Empirical Methodology; 3. Resource Curse Channels; B. Results; 2. Growth Regressions; IV. Conclusion; 3. Growth Regressions using Restrictions on Trade and Capital Flows; References; Appendices; A. Data; Appendix Tables; 4. Data Description; 5. Descriptive Statistics. | |
| 505 | 8 | |a 6. List of Countries Included in the SampleB. Testing for Whether a Higher Degree of Altruism Dampens the Adverse Effect of Government Current Spending on Non-Hydrocarbon GDP Growth; 7. Growth Regressions using Regional Dummies; C. Regional integration of two large open economies. | |
| 520 | |a The paper provides an alternative explanation for the ""resource curse"" based on the income effect resulting from high government current spending in resource rich economies. Using a simple life cycle framework, we show that private investment in the non-resource sector is adversely affected if private agents expect extra government current spending financed through resource sector revenues in the future. This income channel of the resource curse is stronger for countries with lower degrees of openness and forward altruism. We empirically validate these findings by estimating non-hydrocarbon. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Resource curse. | |
| 650 | 0 | |a Economic development. | |
| 650 | 6 | |a Malédiction des ressources. | |
| 650 | 6 | |a Développement économique. | |
| 650 | 7 | |a economic development. |2 aat | |
| 650 | 7 | |a Economic development |2 fast | |
| 650 | 7 | |a Resource curse |2 fast | |
| 700 | 1 | |a Arezki, Rabah. | |
| 758 | |i has work: |a An Alternative Explanation for the Resource Curse (Text) |1 https://id.oclc.org/worldcat/entity/E39PD39QWycwm7gdkyphHFytVd |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Alichi, Ali. |t An Alternative Explanation for the Resource Curse: The Income Effect Channel. |d Washington : International Monetary Fund, ©2009 |z 9781451872590 |
| 830 | 0 | |a IMF Working Papers. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608303 |z Texto completo |
| 938 | |a EBL - Ebook Library |b EBLB |n EBL1608303 | ||
| 938 | |a YBP Library Services |b YANK |n 11617903 | ||
| 994 | |a 92 |b IZTAP | ||