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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Corruption and the Curse: The Dictator’s Choice | |
Mare Sarr; Tim Swanson | |
发表日期 | 2013 |
出处 | Climate Change and Sustainable Development |
出版年 | 2013 |
语种 | 英语 |
摘要 | We develop a dynamic discrete choice model of a self-interested and unchecked ruler making decisions regarding the exploitation of a resource-rich country. This dictator makes the recursive choice between either investing domestically to live off the productivity of the country while facing the risk of being ousted, or looting the country’s riches by liquefying the resources and departing. We demonstrate that important parameters determining this choice include the level of resources, liquidity and indebtedness. We find that the dictator’s choice regarding the timing of departure is significantly related to external lending, investment and debt. We then argue that this looting phenomenon provides an explanation for the generation of corrupt economies in resource-rich countries. An empirical analysis of available corruption indices suggests that instability-led looting provides a more fundamental explanation of perceived corruption than do various social and cultural indicators or the economic theory of internal political competition. |
特色分类 | O11;O13;O16 |
关键词 | Corruption Dictatorship Lending and Indebtedness Looting Natural Resource Curse |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/corruption-and-the-curse-the-dictator-s-choice/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118143 |
推荐引用方式 GB/T 7714 | Mare Sarr,Tim Swanson. Corruption and the Curse: The Dictator’s Choice. 2013. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2013251250321Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
2013251250494NDL2013(633KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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