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Record W1931722153

Экономическая политика, качество институтов и механизмы "ресурсного проклятия"

2007· preprint· ru· W1931722153 on OpenAlexfundno aff
Victor Polterovich, Владимир Попов, Alexander Tonis

Bibliographic record

VenueMunich Personal RePEc Archive (Ludwig Maximilian University of Munich) · 2007
Typepreprint
Languageru
FieldEconomics, Econometrics and Finance
TopicNatural Resources and Economic Development
Canadian institutionsnot available
FundersUniversity of California, Santa BarbaraUniversity of TorontoUniversity of OxfordUniversity of CambridgeRoyal Economic SocietyU.S. Department of State
KeywordsResource curseEconomicsResource (disambiguation)CurseInternational economicsDevelopment economicsNatural resourceEconomic systemPolitical science
DOInot available

Abstract

fetched live from OpenAlex

Sachs, Warner (1995) were among the first to claim that «resource curse» is real and that resource abundant economies do indeed grow more slowly than the others. Hundreds of papers were published since then supporting the «resource curse» thesis and offering new explanations of mechanisms and effects that may inhibit growth in resource rich economies. Several recent papers, however (Alexeev, Conrad, 2005; Stijns, 2005; Brunnschweiler, 2006) question the mere existence of the «resource curse» and make it necessary to reconsider the hypotheses about the impact of resource abundance on economic growth.\n\nThis paper compares various theories of «resource curse» with a special focus on models allowing for the varying — positive or negative — impact of resources on development depending on the quality of institutions and economic policies. Several mechanisms leading to a potentially inefficient use of resources are being examined; it is demonstrated that each of these mechanism is associated with market imperfections and can be «corrected» with appropriate government policies.\n\nEmpirical evidence seems to suggest that resource abundant countries have on average lower budget deficits and inflation, higher foreign exchange reserves and higher inflows of FDI. Besides, lower domestic fuel prices that are typical for resource rich countries, have a positive effect on long term growth even though they are associated with losses resulting from higher energy intensity. On top of that resource abundance allows to reduce income inequalities. So, on balance, resource wealth turns out to be conducive to growth, especially in countries with strong institutions. However, resource abundance makes democratic political regimes very unstable — they tend to gravitate towards authoritarianism. A game theoretical model is developed to show that democracy in resource abundant countries is inherently unstable and the empirical evidence on the stability of resource democracies is provided.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.001
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.019
Threshold uncertainty score0.062

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0010.002
Scholarly communication0.0030.001
Open science0.0000.001
Research integrity0.0010.002
Insufficient payload (model declined to judge)0.0190.006

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.029
GPT teacher head0.199
Teacher spread0.169 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2007
Admission routes1
Has abstractyes

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