Political Foundations for the Resource Curse: A Simplification and a Comment

By: Ragnar Torvik with James A. Robinson, Harvard and Thierry Verdier

Published in:

Journal of Development Economics , January, pages 194-198.

Abstract:

In this note we show how a considerably simpler model than the one in our original JDE 2006 paper generates all the same results. We also acknowledge an error in the specification of a utility function in our previous paper.

Full text (link Science Direct)

Published July 4, 2014 1:23 PM - Last modified July 4, 2014 1:24 PM