The Political Economy of the Natural Resource Curse: A Survey of Theory and Evidence

Robert T. Deacon

Foundations and Trends(R) in Microeconomics, 2011, vol. 7, issue 2, 111-208

Abstract: This survey focuses on political economy theories of the resource curse and scrutinizes how well, or poorly, these theories have been integrated with empirical work. One reason why this integration is important lies in the practical importance of pinning down the causal links involved in the resource curse. A second reason for focusing on integration of theory and empirics is that the resource curse is a potentially fruitful venue for testing political economy theories generally.

Keywords: Political economy; Rent seeking; Natural resources curse; Environmental Economics; Agricultural and Resource Economics; Political Economists (search for similar items in EconPapers)
JEL-codes: P48 Q28 Q33 Q5 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (64)

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Persistent link: https://EconPapers.repec.org/RePEc:now:fntmic:0700000042

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