Conflict diamonds Export

@article{citeulike:1606157, abstract = {`Conflict diamonds' refer to the fatal role that diamonds are believed to have played in several African conflicts. The article analyzes the impact of diamond rents on economic growth in light of the broader, previously discovered empirical finding of a `curse of natural resources.' By extending the theory of appropriative conflict, a predator-prey game is outlined in which a rebel chooses between peaceful production and predation on natural resources controlled by the ruler. It is shown that whereas an increase in natural resources will increase the ruler's public utility investments, it might also lead to a crowding-out of labor from the formal sector to the appropriative struggle, which depresses growth. As predicted by the model, a cross-country regression analysis suggests that diamond abundance has a negative relationship with economic growth in countries with weak institutions.}, author = {Olsson, Ola}, citeulike-article-id = {1606157}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/j.jdeveco.2005.07.004}, citeulike-linkout-1 = {http://www.sciencedirect.com/science/article/B6VBV-4K7NHTF-1/2/ea8894c598a2671f3afa598eafe8f50d}, doi = {10.1016/j.jdeveco.2005.07.004}, journal = {Journal of Development Economics}, keywords = {conflict, development, diamonds, growth, identity, natural\_resource\_curse}, month = {March}, number = {2}, pages = {267--286}, posted-at = {2007-08-29 21:55:34}, priority = {2}, title = {Conflict diamonds}, url = {http://dx.doi.org/10.1016/j.jdeveco.2005.07.004}, volume = {82}, year = {2007} }

TY - JOUR ID - citeulike:1606157 L3 - citeulike-article-id:1606157 N2 - `Conflict diamonds' refer to the fatal role that diamonds are believed to have played in several African conflicts. The article analyzes the impact of diamond rents on economic growth in light of the broader, previously discovered empirical finding of a `curse of natural resources.' By extending the theory of appropriative conflict, a predator-prey game is outlined in which a rebel chooses between peaceful production and predation on natural resources controlled by the ruler. It is shown that whereas an increase in natural resources will increase the ruler's public utility investments, it might also lead to a crowding-out of labor from the formal sector to the appropriative struggle, which depresses growth. As predicted by the model, a cross-country regression analysis suggests that diamond abundance has a negative relationship with economic growth in countries with weak institutions. IS - 2 JF - Journal of Development Economics EP - 286 TI - Conflict diamonds VL - 82 SP - 267 KW - conflict KW - development KW - diamonds KW - growth KW - identity KW - natural_resource_curse AU - Olsson, Ola PY - 2007/03// UR - http://dx.doi.org/10.1016/j.jdeveco.2005.07.004 ER -