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...
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| Materialtyp: | Tidskrift |
| Språk: | English |
| Publicerad: |
Washington, D.C. :
International Monetary Fund,
2009.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2009/112 |
| Länkar: | Full text available on IMF |