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Finance, oil rent and premature deindustrialisation in Nigeria

Structural Change and Economic Dynamics, 2021
Abstract The literature on deindustrialisation often neglects the role of finance in the decline in manufacturing, despite the increasing shift towards financial speculation relative to real investments. This paper tries to bridge this gap in the literature by examining the role of finance in Nigeria's premature deindustrialisation, particularly ...
Richard E. Itaman, Oluwafemi E. Awopegba
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Endogenous Oil Rents

Comparative Political Studies, 2009
Oil rents may at times fall like “manna from heaven” into the fiscal coffers of the state. Yet politicians also make decisions that can increase or decrease the extent to which oil rents accrue to the central government. Though counterintuitive, various evidence suggests that politicians sometimes do not seek to maximize the state’s claim on rents.
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On capturing foreign oil rents

Resource and Energy Economics, 2014
Abstract A common assumption in the literature on tariff and exhaustible resources is that no stocks of the resource are available within the importing country's borders and therefore the importing country is not itself a producer. Reality is in fact quite different: there are many instances of countries that are simultaneously importers and ...
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RENT, INCOME, AND TRADE: DOES TRADE MITIGATE THE NEGATIVE EFFECTS OF OIL RENTS ON ECONOMIC GROWTH IN OIL-EXPORTING COUNTRIES?

International Journal of Advanced Research in Accounting, Economics and Business Perspectives, 2023
The present study investigates the relationship among oil rent, trade openness, and economic growth, and assesses the potential moderating role of trade openness in mitigating the adverse impacts of oil rents on economic growth. Dynamic panel data analyses were conducted on a sample of oil-producing countries spanning the period from 1990 to 2020.
Chukwuemeka Emenekwe   +5 more
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SCARCITY AND RICARDIAN RENTS FOR CRUDE OIL*

Economic Inquiry, 1985
This paper estimates scarcity rent/user cost and Ricardian rent for crude oil in Oklahoma. A model of firm behavior is proposed incorporating both development and production decisions considering crude oil as a nonrenewable natural resource. Profit maximization conditions derived from the model are applied to take into account cost differentials ...
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Some controversies in the development of rent theory: the nature of oil rent

Capital & Class, 1989
Bina's article is both a contribution to the theory of rent and an attempt to explain the ‘oil crisis' of the 1970s. Addressing classical and modern debates, the author argues that bourgeois economics fails to theorise the specificity of rent in capitalist societies and its relation to production and the structure of property relations.
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World of Modern Petroleum and the Oil Rent

2013
In this chapter, the objective is to unravel the enigma of rent and to present a well-defined theory of rent unique to the global oil industry. The truism of the above citation from Smith’s magnum opus shall be a piece of the puzzle that will hopefully find a specific resolution for the oil industry—albeit without the entrapment of mainstream economics
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The Chinese in Brunei: From Ceramics to Oil Rent

Archipel, 2011
The Chinese in Brunei : From Ceramics to Oil Rent Boni (as Boni 渤 泥 ) is first mentioned in Chinese sources at the end of the 9th century AD. The oldest (1264) Muslim tomb of Brunei is that of a Chinese, Master Pu. During the 14th-16th centuries, the Muslim Chinese were numerous enough in Kota Batu to have their own mosque.
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Oil rents and non-oil economic growth in CIS oil exporters. The role of financial development

Resources Policy, 2023
Fakhri J Hasanov   +2 more
exaly  

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