{"id":"https://openalex.org/W6037167","doi":null,"title":"Economic Policy, Quality of Institutions, and Mechanisms of Resource Curse","display_name":"Economic Policy, Quality of Institutions, and Mechanisms of Resource Curse","publication_year":2010,"publication_date":"2010-01-01","ids":{"openalex":"https://openalex.org/W6037167","mag":"6037167"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:pra:mprapa:22454","doi":null,"is_oa":false,"landing_page_url":"https://mpra.ub.uni-muenchen.de/22454/1/MPRA_paper_22454.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/22454/1/MPRA_paper_22454.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5000128058","display_name":"Victor M. Polterovich","orcid":"https://orcid.org/0000-0001-6092-6823","observed_orcids":["https://orcid.org/0000-0001-6092-6823"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Victor Polterovich","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-6092-6823","affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5005612330","display_name":"\u0412\u043b\u0430\u0434\u0438\u043c\u0438\u0440 \u041f\u043e\u043f\u043e\u0432","orcid":"https://orcid.org/0000-0003-0428-3725","observed_orcids":["https://orcid.org/0000-0003-0428-3725"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"\u0412\u043b\u0430\u0434\u0438\u043c\u0438\u0440 \u041f\u043e\u043f\u043e\u0432","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-0428-3725","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5034015814","display_name":"Alexander Tonis","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Alexander Tonis","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11823","display_name":"Natural Resources and Economic Development","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11823","display_name":"Natural Resources and Economic Development","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12312","display_name":"Culture, Economy, and Development Studies","score":0.0,"subfield":{"id":"https://openalex.org/subfields/3317","display_name":"Demography"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13867","display_name":"Economic Growth and Development","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/resource-curse","display_name":"resource curse","score":1.0},{"id":"https://openalex.org/keywords/natural-resource-wealth","display_name":"natural resource wealth","score":0.7459999918937683},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":0.9810000061988831},{"id":"https://openalex.org/keywords/institutional-quality","display_name":"institutional quality","score":0.8389999866485596},{"id":"https://openalex.org/keywords/economic-policy","display_name":"economic policy","score":0.9409999847412109},{"id":"https://openalex.org/keywords/market-imperfections","display_name":"market imperfections","score":0.8550000190734863},{"id":"https://openalex.org/keywords/democracy-and-authoritarianism","display_name":"authoritarianism and democracy","score":0.5659999847412109},{"id":"https://openalex.org/keywords/fuel-prices","display_name":"fuel prices","score":0.5960000157356262},{"id":"https://openalex.org/keywords/energy-intensity","display_name":"energy intensity","score":0.7739999890327454},{"id":"https://openalex.org/keywords/income-inequality","display_name":"income inequality","score":0.8569999933242798},{"id":"https://openalex.org/keywords/foreign-direct-investment","display_name":"foreign direct investment","score":0.9480000138282776},{"id":"https://openalex.org/keywords/budget-deficit","display_name":"budget deficit","score":0.7409999966621399},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.9580000042915344},{"id":"https://openalex.org/keywords/foreign-exchange-reserves","display_name":"foreign exchange reserves","score":0.8759999871253967}],"concepts":[{"id":"https://openalex.org/C2780761599","wikidata":"https://www.wikidata.org/wiki/Q72596","display_name":"Resource curse","level":3,"score":0.9187290072441101},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6857677698135376},{"id":"https://openalex.org/C206345919","wikidata":"https://www.wikidata.org/wiki/Q20380951","display_name":"Resource (disambiguation)","level":2,"score":0.5563421249389648},{"id":"https://openalex.org/C2780273121","wikidata":"https://www.wikidata.org/wiki/Q109411","display_name":"Curse","level":2,"score":0.5426038503646851},{"id":"https://openalex.org/C79355281","wikidata":"https://www.wikidata.org/wiki/Q192523","display_name":"Dutch disease","level":3,"score":0.45824357867240906},{"id":"https://openalex.org/C29985473","wikidata":"https://www.wikidata.org/wiki/Q188460","display_name":"Natural resource","level":2,"score":0.41532349586486816},{"id":"https://openalex.org/C47768531","wikidata":"https://www.wikidata.org/wiki/Q1127188","display_name":"Development economics","level":1,"score":0.39425063133239746},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.3571844696998596},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.3377334177494049},{"id":"https://openalex.org/C74363100","wikidata":"https://www.wikidata.org/wiki/Q273005","display_name":"Economic system","level":1,"score":0.32043784856796265},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.2926987409591675},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.2802790403366089},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.1107570230960846},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C19165224","wikidata":"https://www.wikidata.org/wiki/Q23404","display_name":"Anthropology","level":1,"score":0.0},{"id":"https://openalex.org/C31258907","wikidata":"https://www.wikidata.org/wiki/Q1301371","display_name":"Computer network","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:pra:mprapa:22454","doi":null,"is_oa":false,"landing_page_url":"https://mpra.ub.uni-muenchen.de/22454/1/MPRA_paper_22454.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/22454/1/MPRA_paper_22454.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:6037167","doi":null,"is_oa":false,"landing_page_url":"https://mpra.ub.uni-muenchen.de/22454/1/MPRA_paper_22454.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","score":0.48510000109672546,"display_name":"Decent work and economic growth"},{"id":"https://metadata.un.org/sdg/16","score":0.4399999976158142,"display_name":"Peace, justice, and strong institutions"}],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/1","score":0.6600000262260437,"display_name":"No poverty"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":40,"referenced_works":["https://openalex.org/W610525374","https://openalex.org/W1484474409","https://openalex.org/W1490995146","https://openalex.org/W1494369986","https://openalex.org/W1512925003","https://openalex.org/W1537364987","https://openalex.org/W1550958815","https://openalex.org/W1561140006","https://openalex.org/W1588427943","https://openalex.org/W1606044494","https://openalex.org/W1606297969","https://openalex.org/W1608226124","https://openalex.org/W1803375205","https://openalex.org/W1821737479","https://openalex.org/W1921526426","https://openalex.org/W1970635216","https://openalex.org/W1987590342","https://openalex.org/W2001554221","https://openalex.org/W2005632615","https://openalex.org/W2030033665","https://openalex.org/W2033274221","https://openalex.org/W2033483434","https://openalex.org/W2042226937","https://openalex.org/W2071240032","https://openalex.org/W2097546614","https://openalex.org/W2104109568","https://openalex.org/W2110994050","https://openalex.org/W2113337769","https://openalex.org/W2131499322","https://openalex.org/W2133771254","https://openalex.org/W2135256695","https://openalex.org/W2138096371","https://openalex.org/W2153478576","https://openalex.org/W2156625419","https://openalex.org/W2316479805","https://openalex.org/W2483843983","https://openalex.org/W2505144991","https://openalex.org/W2890177994","https://openalex.org/W3094521286","https://openalex.org/W3186610681"],"related_works":["https://openalex.org/W1931722153","https://openalex.org/W2243713973","https://openalex.org/W1593729866","https://openalex.org/W2149425469","https://openalex.org/W7095121036","https://openalex.org/W7215409724","https://openalex.org/W12630937","https://openalex.org/W2733189808","https://openalex.org/W169751915","https://openalex.org/W2149837078"],"abstract_inverted_index":{"Sachs,":[0],"Warner":[1],"(1995)":[2],"were":[3,30],"among":[4],"the":[5,25,35,67,71,80,83,107,121,283,287],"first":[6],"to":[7,78,131,165,227,238,241,261,271],"claim":[8],"that":[9,15,47,144,167,193,223,273],"\u00abresource":[10,36,72,97],"curse\u00bb":[11,37,73,98],"is":[12,142,149,269,279,292],"real":[13],"and":[14,39,45,74,125,154,177,183,282],"resource":[16,52,86,168,197,224,234,250,276,290],"abundant":[17,169,277],"economies":[18],"do":[19],"indeed":[20],"grow":[21],"more":[22],"slowly":[23],"than":[24],"others.":[26],"Hundreds":[27],"of":[28,43,70,85,96,115,123,136,146,186,222,289],"papers":[29],"published":[31],"since":[32],"then":[33],"supporting":[34],"thesis":[38],"offering":[40],"new":[41],"explanations":[42],"mechanisms":[44,129],"effects":[46],"may":[48],"inhibit":[49],"growth":[50,207],"in":[51,244,275],"rich":[53,198],"economies.":[54],"Several":[55,128],"recent":[56],"papers,":[57],"however":[58],"(Alexeev,":[59],"Conrad,":[60],"2005;":[61,63],"Stijns,":[62],"Brunnschweiler,":[64],"2006)":[65],"question":[66],"mere":[68],"existence":[69],"make":[75],"it":[76,141],"necessary":[77],"reconsider":[79],"hypotheses":[81],"about":[82],"impact":[84,114],"abundance":[87,225,251],"on":[88,103,117,120,172,204,232,286],"economic":[89,126],"growth.":[90],"This":[91],"paper":[92],"compares":[93],"various":[94],"theories":[95],"with":[99,151,158,213,246],"a":[100,132,201],"special":[101],"focus":[102],"models":[104],"allowing":[105],"for":[106,196],"varying":[108],"\u2014":[109,113,258],"positive":[110,202],"or":[111],"negative":[112],"resources":[116,137],"development":[118],"depending":[119],"quality":[122],"institutions":[124],"policies.":[127,161],"leading":[130],"potentially":[133],"inefficient":[134],"use":[135],"are":[138,194,211],"being":[139],"examined;":[140],"demonstrated":[143],"each":[145],"these":[147],"mechanism":[148],"associated":[150,212],"market":[152],"imperfections":[153],"can":[155],"be":[156,239],"\u00abcorrected\u00bb":[157],"appropriate":[159],"government":[160],"Empirical":[162],"evidence":[163,285],"seems":[164],"suggest":[166],"countries":[170,245,278],"have":[171,200],"average":[173],"lower":[174,189],"budget":[175],"deficits":[176],"inflation,":[178],"higher":[179,184,217],"foreign":[180],"exchange":[181],"reserves":[182],"inflows":[185],"FDI.":[187],"Besides,":[188],"domestic":[190],"fuel":[191],"prices":[192],"typical":[195],"countries,":[199],"effect":[203],"long":[205],"term":[206],"even":[208],"though":[209],"they":[210,259],"losses":[214],"resulting":[215],"from":[216],"energy":[218],"intensity.":[219],"On":[220],"top":[221],"allows":[226],"reduce":[228],"income":[229],"inequalities.":[230],"So,":[231],"balance,":[233],"wealth":[235],"turns":[236],"out":[237],"conducive":[240],"growth,":[242],"especially":[243],"strong":[247],"institutions.":[248],"However,":[249],"makes":[252],"democratic":[253],"political":[254],"regimes":[255],"very":[256],"unstable":[257,281],"tend":[260],"gravitate":[262],"towards":[263],"authoritarianism.":[264],"A":[265],"game":[266],"theoretical":[267],"model":[268],"developed":[270],"show":[272],"democracy":[274],"inherently":[280],"empirical":[284],"stability":[288],"democracies":[291],"provided.":[293]},"counts_by_year":[{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-09-26T08:19:03.415552","created_date":"2016-06-24T00:00:00"}
