Resources for Sale: Corruption, Democracy and the Natural Resource Curse

A puzzling piece of empirical evidence suggests that resource-abundant countries tend to grow slower than their resource-poor counterparts. We attempt to explain this phenomenon by developing a lobbying game in which rent seeking firms interact with corrupt governments. The presence or absence of po...

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Bibliographic Details
Main Authors: Bulte, Erwin, Damania, Richard
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5473