Resource rents

Resource rents 



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cpb_lecture_090602.dvi
... if total income given, larger income share of resource rents cuts investment in state capacity -- weak states in africa if level of natural resource rents given, prediction is that both forms ... gdp index protection of property rights specific predictions -- civil war, resource rents, real wages in any given country, higher resource rents and lower real wages raise likelihood of observing civil war, ...
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memo144.pdf
... capacity, which relaxes production and transmission constraints in subsequent time periods, and from the resource constraint, which limits aggregate production over all time periods. the investment problem in power ... to the discount rate of the problem. there exists an extensive literature on these resource rents, in particular in the competitive and the monopoly (cartel) case, see e.g. withagen ( ...
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