Commodity windfalls, polarization, and net foreign assets: panel data evidence on the voracity effect
This paper examines the effects that windfalls from international commodity price booms have on net foreign assets in a panel of 145 countries during the period 1970-2007. The main finding is that windfalls from international commodity price booms lead to a significant increase in net foreign assets...
| Prif Awduron: | , |
|---|---|
| Fformat: | Working paper |
| Cyhoeddwyd: |
University of Oxford
2011
|