The shifting natural wealth of nations: the role of market orientation
This paper explores the effect of market orientation on (known) natural wealth using a novel dataset of world-wide major hydrocarbon and mineral discoveries. Consistent with the predictions of a two-region model, our empirical estimates based on a large panel of countries show that increased market...
| Main Authors: | , , |
|---|---|
| Format: | Working paper |
| Published: |
University of Oxford
2016
|