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...
| Main Authors: | , |
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| Corporate Authors: | , |
| Format: | Book |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
[2009]
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| Series: | IMF working paper ;
WP/09/112. |
| Subjects: |
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Lehigh
| Call Number: |
Electronic book |
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