Rentier oil economies and development: Dynamics and varieties

被引:4
作者
Palazuelos, Enrique [1 ]
机构
[1] Univ Complutense Madrid, Fac Econ Sci, Dept Appl Econ, Campus Somosaguas, Madrid 28223, Spain
关键词
Oil-based rentier economies (OBREs); Oil and natural gas; Oil endowment; Oil empowerment; Economic development; NATURAL-RESOURCE ABUNDANCE; CURSE; INSTITUTIONS; SEEKING; GROWTH;
D O I
10.1016/j.exis.2016.01.003
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The paper develops a new framework for assessing the performance of oil-based rentier economies (OBREs). First, based on a review of the literature, 12 theses on the functioning of OBREs are formulated. Next, the paper presents an analytical framework which integrates these 12 theses and defines the properties of the oil revenue produced. This allows for the elaboration of a typology of OBREs using four models of reference (original, evolved, nationalized and developmental). This typology is useful in analyzing the dynamics which give rise to a variety of OBREs. Finally, a research agenda is proposed to test the analytical capacity of the typology used for studying issues concerning these oil economies. (C) 2016 Elsevier Ltd. All rights reserved.
引用
收藏
页码:564 / 574
页数:11
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