El efecto de los recursos naturales, el ingreso nacional y el movimiento de recursos en un monopolio de búsqueda de rentas

Anar Muradov ()

El Trimestre Económico, 2023, vol. 90 (1), issue 357, 119-154

Abstract: In this paper, a new model is developed by referring to the literature on Dutch disease and rent-seeking for explaining how a natural resource boom in the energy sector decreases national income and induces a resource movement effect under a rent-seeking monopoly. In such a model, it is shown that the resource movement effect certainly occurs during the boom where labor inputs will move to the energy sector from the services sector. Moreover, the boom facilitates rent-seeking and decreases national income.

Keywords: Monopoly; rent-seeking; Dutch disease; natural resources; national income; energy. (search for similar items in EconPapers)
JEL-codes: D24 D42 D50 D72 O12 O13 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:elt:journl:v:90:y:2023:i:357:p:119-154

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DOI: 10.20430/ete.v90i357.1486

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