Arbeitspapier
Institutional differences across resource-based economies
To predict economic success and failure, academics and policymakers alike are interested in the differences in institutional structures across natural resource-based economies. This paper uses a political economy framework to examine the effect of institutional variables on per capita Gross-Domestic-Product in resource-rich economies. After controlling for institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies foster economic growth when voice and accountability are in place; broad-based rule of law is enforced with secure property rights, and control of corruption; and when government effectiveness, regulatory quality, and political stability are positively perceived.
- Sprache
-
Englisch
- ISBN
-
978-92-9256-106-2
- Erschienen in
-
Series: WIDER Working Paper ; No. 2016/63
- Klassifikation
-
Wirtschaft
Economic Development: General
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Economic Growth and Aggregate Productivity: General
Capitalist Systems: Political Economy
Resource Booms
- Thema
-
institutions
growth
political power
rents
property rights
resource-based economies
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Teksoz, Utku
Kalcheva, Katerina
- Ereignis
-
Veröffentlichung
- (wer)
-
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (wo)
-
Helsinki
- (wann)
-
2016
- DOI
-
doi:10.35188/UNU-WIDER/2016/106-2
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Teksoz, Utku
- Kalcheva, Katerina
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Entstanden
- 2016
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