Resource title

Contesting Resources - Rent Seeking, Conflict and the Natural Resource Curse

Resource image

image for OpenScout resource :: Contesting Resources - Rent Seeking, Conflict and the Natural Resource Curse

Resource description

A growing empirical literature links natural resource abundance and "pointiness" to impeded economic growth and civil strife. We develop rent seeking and conflict models that capture the most salient features of contests for resource rents, and show how both resource abundance and geographical clustering can be associated with intense contests and sub-optimal economic performance. However, we also show that these relationships are not necessarily monotonous { pointiness can trigger more intense contests but can also facilitate the coordination on peaceful outcomes. Finally we show that contesting resources through violent conflict may yield superior outcomes (from an economy-wide perspective) than contests through rent seeking.

Resource author

Erwin Bulte, Katharina Wick

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/19827

Resource license

Adapt according to the presented license agreement and reference the original author.