Does Oil Corrupt? Evidence from a Natural Experiment in West Africa

This paper explores an oil discovery natural experiment to assess the role of natural resources in determining corruption. We argue that an anticipated oil boom may increase corruption by boosting the value attributed by an elite to being in power when the actual oil exploration begins. We test this...

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Bibliographic Details
Main Author: Vicente, P
Format: Working paper
Language:English
Published: Department of Economics (University of Oxford) 2006