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...
Autors principals: | Van der Ploeg, R, Arezki, R, Toscani, F |
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Format: | Working paper |
Publicat: |
University of Oxford
2016
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