Browsing Discussion papers (SAM) by Subject "resource curse"
Now showing items 1-2 of 2
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Destructive competition : factionalism and rent-seeking in Iran
(Discussion paper, Working paper, 2007-02)Empirical evidence shows that countries richly endowed with natural resources like oil and gas tend to have slower economic growth than resource poor countries. The present paper focuses on rentseeking as a source of ... -
Destructive competition : oil and rent seeking in Iran
(Discussion paper, Working paper, 2005-04)In countries with poorly developed institutions, rent seeking may impose serious costs for the economy. Our analysis demonstrates how rent seeking distorts the economy through two channels. First, there is the direct ...