Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
962564 | Journal of International Economics | 2013 | 29 Pages |
Abstract
⺠Resource rich regions have 1) small & productive mfg and 2) large & unproductive non-mfg. ⺠A process of windfall driven self-selection can explain these facts. ⺠Resource windfalls shift labor from manufacturing to non-manufacturing. ⺠Best workers self select to remain in manufacturing driving higher productivity. ⺠Cross-country variation in resource endowments is large enough to account for facts.
Keywords
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Economics and Econometrics
Authors
Karlygash Kuralbayeva, Radoslaw Stefanski,