Citation
Robinson, James, Ragnar Torvik, and Thierry Verdier. 2014. “Political foundations of the resource curse: A simplification and a comment”. Journal of Development Economics 106:194-198.
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Political foundations of the resource curse: A simplification and a comment
Abstract
In this note we show how a considerably simpler model than the one in our original JDE 2006 paper generates all the same results. We also acknowledge an error in the specification of a utility function in our previous paper.