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Author:Hodler, R.
Title:The curse of natural resources in fractionalized countries
Journal:European Economic Review
2006 : AUG, VOL. 50:6, p. 1367-1386
Index terms:natural resources
rent-seeking
Language:eng
Abstract:This article discusses natural resources in fractionalized countries and develops a model that can explain why natural resources are a blessing for some countries, but a curse for others. The author argues that the model predicts that natural resources lower incomes in fractionalized countries, but increase incomes in homogenous countries.
SCIMA record nr: 262705
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