IDEAS home Printed from https://ideas.repec.org/a/bla/ijethy/v14y2018i3p233-256.html
   My bibliography  Save this article

Political transition in resource economies

Author

Listed:
  • Samer Atallah

Abstract

This paper explains the lack of democratization in resource‐ exporting countries using a two‐period resource extraction model. There are two classes of agents: the elite who own capital and natural resources, and citizens who own labor. Government policies are designed to ensure that the elite remain in power and that citizens do not have the incentive to revolt. On the other hand, policies in the democracy case are not constrained by the threat of revolution. Compared to the democratic case, the resource is over‐extracted and the investment is lower. Non‐democratic institutions are the rational choice of the elite.

Suggested Citation

  • Samer Atallah, 2018. "Political transition in resource economies," International Journal of Economic Theory, The International Society for Economic Theory, vol. 14(3), pages 233-256, September.
    • Handle: RePEc:bla:ijethy:v:14:y:2018:i:3:p:233-256
    DOI: 10.1111/ijet.12154
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/ijet.12154
    Download Restriction: no
    File URL: https://libkey.io/10.1111/ijet.12154?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stefano Bosi & David Desmarchelier, 2021. "Pollution effects on disease transmission and economic stability," International Journal of Economic Theory, The International Society for Economic Theory, vol. 17(2), pages 169-189, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ijethy:v:14:y:2018:i:3:p:233-256. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1742-7355 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.