• 1 Introduction
  • 2 Russian regions and resource curse
  • 3 Model and data
  • 4 Main results
  • 4.1 Resource extraction, institutions and growth
  • 4.2 Export or production? Disentangling the channels of the resource effects
  • 5 Extensions
  • 5.1 Disaggregating the index of democracy
  • 5.2 Appropriability of resources
  • 6 Conclusion