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El efecto de los recursos naturales, el ingreso nacional y el movimiento de recursos en un monopolio de búsqueda de rentas.

Authors :
Muradov, Anar
Source :
Trimestre Económico. ene-mar2023, Vol. 90 Issue 357, p119-154. 36p.
Publication Year :
2023

Abstract

In this paper, a new model is developed by referring to the literature on Dutch disease and rent-seeking for explaining how a natural resource boom in the energy sector decreases national income and induces a resource movement effect under a rent-seeking monopoly. In such a model, it is shown that the resource movement effect certainly occurs during the boom where labor inputs will move to the energy sector from the services sector. Moreover, the boom facilitates rent-seeking and decreases national income. [ABSTRACT FROM AUTHOR]

Details

Language :
Spanish
ISSN :
00413011
Volume :
90
Issue :
357
Database :
Academic Search Index
Journal :
Trimestre Económico
Publication Type :
Academic Journal
Accession number :
161225659
Full Text :
https://doi.org/10.20430/ete.v90i357.1486