The curse of natural resources in fractionalized countries

被引:212
作者
Hodler, Roland [1 ]
机构
[1] Univ Bern, Dept Econ, CH-3001 Bern, Switzerland
关键词
natural resources; fractionalization; rent seeking;
D O I
10.1016/j.euroecorev.2005.05.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper develops a model that can explain why natural resources are a blessing for some countries, but a curse for others. In this model, natural resources cause fighting activities between rivalling groups. Fighting reduces productive activities and weakens property rights, making productive activities even less attractive. The aggregate production decrease exceeds the natural resources' direct positive income effect if and only if the number of rivalling groups is sufficiently large. The model thus predicts that natural resources lower incomes in fractionalized countries, but increase incomes in homogenous countries. Empirical evidence supporting this prediction is provided. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:1367 / 1386
页数:20
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