Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen:
https://hdl.handle.net/10419/53130
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Arezki, Rabah | en |
dc.contributor.author | Brückner, Markus | en |
dc.date.accessioned | 2011-12-12 | - |
dc.date.accessioned | 2011-12-14T12:18:22Z | - |
dc.date.available | 2011-12-14T12:18:22Z | - |
dc.date.issued | 2011 | - |
dc.identifier.uri | http://hdl.handle.net/10419/53130 | - |
dc.description.abstract | This paper examines the effects that windfalls from international commodity price booms have on net foreign assets in a panel of 145 countries during the period 1970-2007. The main finding is that windfalls from international commodity price booms lead to a significant increase in net foreign assets, but only in countries that are ethnically homogeneous. In highly ethnically polarized countries, net foreign assets significantly decreased. To explain this asymmetry, the paper shows that in ethnically polarized countries commodity windfalls lead to large increases in government consumption expenditures and political corruption. The paper's findings are consistent with theoretical models of the current account that have a built-in voracity effect. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x3656 | en |
dc.subject.jel | F32 | en |
dc.subject.jel | Q33 | en |
dc.subject.jel | Z10 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | commodity windfalls | en |
dc.subject.keyword | net foreign assets | en |
dc.subject.keyword | polarization | en |
dc.title | Commodity windfalls, polarization, and net foreign assets: Panel data evidence on the voracity effect | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 679523324 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Datei(en):
Publikationen in EconStor sind urheberrechtlich geschützt.