Resource Curse or Blessing? Sovereign Risk in Resource-Rich Emerging Economies
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Abstract
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DOI: 10.20955/wp.2018.032
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References listed on IDEAS
- M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
- Toda, Hiro Y. & Yamamoto, Taku, 1995. "Statistical inference in vector autoregressions with possibly integrated processes," Journal of Econometrics, Elsevier, vol. 66(1-2), pages 225-250.
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- Galego Mendes,Arthur & Pennings,Steven Michael, 2020. "One Rule Fits All ? Heterogeneous Fiscal Rules for Commodity Exporters When Price Shocks Can Be Persistent: Theory and Evidence," Policy Research Working Paper Series 9400, The World Bank.
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More about this item
Keywords
Sovereign Risk; Oil Production; Oil Reserves; Oil Price Swings;All these keywords.
JEL classification:
- F34 - International Economics - - International Finance - - - International Lending and Debt Problems
- Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2018-12-10 (Dynamic General Equilibrium)
- NEP-ENE-2018-12-10 (Energy Economics)
- NEP-OPM-2018-12-10 (Open Economy Macroeconomics)
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