Kjetil, Bjorvatn; Reza, Farzanegan Mohammad; Friedrich, … - In: Review of Middle East Economics and Finance 9 (2013) 2, pp. 133-158
Empirical research shows that natural resources have a detrimental effect on economic growth, a phenomenon known as the “resource curse”. Competition between influence groups for access to the resource rents, that is, rent-seeking, is often blamed for this curse. In this article, we dig...