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Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth

Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth »

Source: Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth

Volume/Issue: 1999/85

Series: IMF Working Papers

Author(s): Carlos Leite , and Jens Weidmann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1999

ISBN: 9781451850734

Keywords: Economic growth, neoclassical growth model, natural resources, anti-corruption policies, cross-country study, natural resource, growth rate, natural resource abundance

This paper argues that natural resource abundance creates opportunities for rent-seeking behavior and is an important factor in determining a country’s level of corruption. In a simple growth model, we illus...

Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth

Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth »

Volume/Issue: 1999/85

Series: IMF Working Papers

Author(s): Carlos Leite , and Jens Weidmann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1999

DOI: http://dx.doi.org/10.5089/9781451850734.001

ISBN: 9781451850734

Keywords: Economic growth, neoclassical growth model, natural resources, anti-corruption policies, cross-country study, natural resource, growth rate, natural resource abundance

This paper argues that natural resource abundance creates opportunities for rent-seeking behavior and is an important factor in determining a country’s level of corruption. In a simple growth model, we illus...