Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents

A resource-based theory of sustainable rents

This paper summarizes and comments on Conner (1991) that contributes to the strategic management area by providing an historical comparison of resource-based theory and five schools of thought within industrial organization economics. Conner (1991) argues that the fundamental distinction between resource-based theory and transaction costs theory is that resource-based theory focuses on the depl...

Resource Rents, Redistribution, and Halving Global Poverty: The Resource Dividend

This paper considers the proposal that each country distribute its resource rents directly to citizens as a universal and unconditional cash transfer, or Resource Dividend, and estimates its potential impact on global poverty. Using a global dataset on resource rents and the distribution of income, I find that if every developing country implemented the policy then the number of people living b...

Suing for your supper? Teachers’ compensation, rents and finance lawsuits

Despite a large literature examining the effect of litigation on education finance, student achievement and community outcomes, relatively little attention has been paid to the effect of this litigation on teachers’ compensation. This is especially puzzling given the role that teachers unions play in supporting, and sometimes originating finance lawsuits. In fact, union support for finance laws...

Land Rents

We study the technological pre-conditions for competitive equilibrium in a multisectoral economy where“land” is an essential imput. Earlier results by Bidard and Salvadori require either very low interest rates or are unable to predict the type of final demand vectors that can be supported by an equilibrium. We extend these earlier results and show that a given level and structure of final dema...

On the Merits of the Resource Curse Theory: Resource Rents and Corruption