An Alternative Explanation for the Resource Curse : The Income Effect Channel /
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 affecte...
मुख्य लेखक: | |
---|---|
अन्य लेखक: | |
स्वरूप: | पत्रिका |
भाषा: | English |
प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2009.
|
श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2009/112 |
ऑनलाइन पहुंच: | Full text available on IMF |