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El efecto de los recursos naturales, el ingreso nacional y el movimiento de recursos en un monopolio de búsqueda de rentas

Author

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  • Muradov, Anar

    (Fukoka University)

Abstract

In this paper, a new model is developed by referring to the literature on Dutch disease and rent-seeking for explaining how a natural resource boom in the energy sector decreases national income and induces a resource movement effect under a rent-seeking monopoly. In such a model, it is shown that the resource movement effect certainly occurs during the boom where labor inputs will move to the energy sector from the services sector. Moreover, the boom facilitates rent-seeking and decreases national income.

Suggested Citation

  • Muradov, Anar, 2023. "El efecto de los recursos naturales, el ingreso nacional y el movimiento de recursos en un monopolio de búsqueda de rentas," El Trimestre Económico, Fondo de Cultura Económica, vol. 90(357), pages 119-154, enero-mar.
    • Handle: RePEc:elt:journl:v:90:y:2023:i:357:p:119-154
    DOI: https://doi.org/10.20430/ete.v90i357.1486
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    More about this item

    Keywords

    Monopoly; rent-seeking; Dutch disease; natural resources; national income; energy.;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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