Long-run effects of resource rents in developing countries: the role of public investment management
The paper studies the long-run effects of shocks to resource rents on the economy using a structural vector error correction model for 37 developing countries. First, the long-run relations involving resource rents and the economy differ for resource importers and exporters. Second, there is an indi...
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| Format: | Working paper |
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University of Oxford
2013
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