Does Mother Nature Corrupt? : Natural Resources, Corruption, and Economic Growth /
This paper argues that natural resource abundance creates opportunities for rent-seeking behavior and is an important factor in determining a country's level of corruption. In a simple growth model, we illustrate the interrelationships between natural resources, corruption, and economic growth,...
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| 格式: | 杂志 |
| 语言: | English |
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Washington, D.C. :
International Monetary Fund,
1999.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 1999/085 |
| 在线阅读: | Full text available on IMF |
| 总结: | This paper argues that natural resource abundance creates opportunities for rent-seeking behavior and is an important factor in determining a country's level of corruption. In a simple growth model, we illustrate the interrelationships between natural resources, corruption, and economic growth, and discuss potential anti-corruption policies. We show that the extent of corruption depends on natural resource abundance, government policies, and the concentration of bureaucratic power. Furthermore, the growth effects of natural resource discoveries and anticorruption policies crucially depend on the economy's state of development. We empirically corroborate the model's implications in a cross-country framework with both corruption and growth endogenized. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| 实物描述: | 1 online resource (34 pages) |
| 格式: | Mode of access: Internet |
| ISSN: | 1018-5941 |
| 访问: | Electronic access restricted to authorized BRAC University faculty, staff and students |