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Guidelines for exploiting natural resource wealth
16 references·0 citing·33 second hop
Guidelines for exploiting natural resource wealth (2014)Guidelines for exploiting natural resourc…Pillars of Prosperity: The Political Economics of Development Clusters (2011)Pillars of Prosperity: The Po…Natural Resources: Curse or Blessing? (2011)Natural Resources: Curse or B…Harnessing Windfall Revenues: Optimal Policies for Resource‐Rich Developing Economies (2011)Harnessing Windfall Revenues:…The pungent smell of “red herrings”: Subsoil assets, rents, volatility and the resource curse (2010)The pungent smell of “red her…The curse of natural resources in fractionalized countries (2005)The curse of natural resource…Political Economics: Explaining Economic Policy (2002)Political Economics: Explaini…The Voracity Effect (1999)The Voracity EffectA Contribution to the Empirics of Economic Growth (1992)A Contribution to the Empiric…Continuous-Time Finance. (1991)Continuous-Time Finance.Precautionary Saving in the Small and in the Large (1990)Precautionary Saving in the S…Precautionary Saving in the Small and in the Large (1989)Precautionary Saving in the S…BOOMING SECTOR AND DUTCH DISEASE ECONOMICS: SURVEY AND CONSOLIDATION * (1984)BOOMING SECTOR AND DUTCH DISE…Booming Sector and De-Industrialisation in a Small Open Economy (1982)Booming Sector and De-Industr…Uncertainty and Exhaustible Resource Markets (1980)Uncertainty and Exhaustible R…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…The Economics of Exhaustible Resources (1931)The Economics of Exhaustible …A Contribution to the Theory of Economic Growth (1956)On the mechanics of economic development (1988)Finance and Growth: Schumpeter Might Be Right (1993)Financial Dependence and Growth (1996)Why do Some Countries Produce So Much More Output Per Worker than Others? (1999)Saving and Uncertainty: The Precautionary Demand for Saving (1968)Uninsured Idiosyncratic Risk and Aggregate Saving (1994)The analysis of household surveys (1997)Institutions, Institutional Change and Economic Performance (1991)Natural Resource Abundance and Economic Growth (1995)Does Trade Cause Growth? (1999)Addressing the Natural Resource Curse: An Illustration from Nigeria (2012)What Have We Learned about the Resource Curse? (2014)The evolution of the natural resource curse thesis: A critical literature survey (2016)Understanding Consumption (1992)Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis (1997)Conditional Skewness in Asset Pricing Tests (2000)The Regulation of Labor (2004)Electoral Institutions and the Politics of Coalitions: Why Some Democracies Redistribute More Than Others (2006)Exposing Corrupt Politicians: The Effects of Brazil's Publicly Released Audits on Electoral Outcomes * (2008)The Political Economy of the Resource Curse (1999)Optimal consumption and portfolio policies when asset prices follow a diffusion process (1989)Backward Stochastic Differential Equations in Finance (1997)An Engine, Not a Camera (2006)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Agricultural productivity, comparative advantage, and economic growth (1992)Natural resources, education, and economic development (2001)Premature deindustrialization (2015)Balanced-budget redistribution as the outcome of political competition (1987)Understanding Crude Oil Prices (2008)RCP4.5: a pathway for stabilization of radiative forcing by 2100 (2011)
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References

  • 1992A Contribution to the Empirics of Economic Growth15,276 cited
  • 1931The Economics of Exhaustible Resources4,535 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 2002Political Economics: Explaining Economic Policy3,748 cited
  • 1982Booming Sector and De-Industrialisation in a Small Open Economy3,295 cited
  • 2011Natural Resources: Curse or Blessing?2,295 cited
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  • 2005The curse of natural resources in fractionalized countries507 cited
  • 2011Pillars of Prosperity: The Political Economics of Development Clusters368 cited
  • 1980Uncertainty and Exhaustible Resource Markets342 cited
  • 2010The pungent smell of “red herrings”: Subsoil assets, rents, volatility and the resource curse321 cited
  • 2011Harnessing Windfall Revenues: Optimal Policies for Resource‐Rich Developing Economies

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