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...
| Glavni avtor: | |
|---|---|
| Drugi avtorji: | |
| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2009/112 |
| Online dostop: | Full text available on IMF |