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

Contenido principal del artículo

Anar Muradov

Resumen

En este artículo se desarrolla un nuevo modelo con base en la literatura sobre el síndrome holandés y la búsqueda de rentas, a fin de explicar cómo un auge de los recursos naturales en el sector energético reduce el ingreso nacional e induce un efecto de movimiento de recursos en un monopolio de búsqueda de rentas. En dicho modelo se muestra que el efecto de movimiento de recursos ciertamente ocurre durante el auge en el que los insumos laborales se trasladan al sector energético desde el sector de servicios. Además, el auge facilita la búsqueda de rentas y disminuye el ingreso nacional.

Descargas

Los datos de descargas todavía no están disponibles.

Detalles del artículo

Cómo citar
Muradov, A. (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, 90(357), 119–154. https://doi.org/10.20430/ete.v90i357.1486
Sección
Artículos

Métricas PlumX

Citas

Amuzegar, J. (2008). Iran’s oil as a blessing and a curse. The Brown Journal of World Affairs, 15(1), 47-61. Recuperado de: http://www.jstor.org/stable/24590948

Angrist, J. D., y Kugler, A. D. (2008). Rural windfall or a new resource curse? Coca, income, and civil conflict in Colombia. The Review of Economics and Statistics, 90(2), 191-215. Recuperado de: https://doi.org/10.1162/rest.90.2.191

Auty, R. M. (1990). Resource-Based Industrialization: Sowing the Oil in Eight Developing Countries. Nueva York: Oxford University Press.

Auty, R. M. (1993). Sustaining Development in Mineral Economies. Londres: Routledge.

Auty, R. M. (1994). Industrial policy reform in six large newly industrialized countries: The resource curse thesis. World Development, 22(1), 11-26. Recuperado de: https://doi.org/10.1016/0305-750X(94)90165-1

Auty, R. M. (2001a). Resource Abundance and Economic Development. Oxford y Nueva York: Oxford University Press. Recuperado de: https://doi.org/10.1093/0199275785.001.0001

Auty, R. M. (2001b). The political economy of resource-driven growth. European Economic Review, 45(4-6), 839-846. Recuperado de: https://doi.org/10.1016/S0014-2921(01)00126-X

Barma, N. H., Kaiser, K., Minh Le, T., y Viñuela, L. (2011). Rents to Riches? The Political Economy of Natural Resource-Led Development. Washington, D. C.: Banco Mundial. Recuperado de: http://hdl.handle.net/10986/2381

Bevan, D. L., Collier, P., y Gunning, J. W. (1999). The Political Economy of Poverty, Equity and Growth: Nigeria and Indonesia. Oxford y Nueva York: Oxford University Press.

Birdsall, N., y Subramanian, A. (2004). Saving Iraq from its oil. Foreign Affairs, 83(4), 77-89. Recuperado de: https://doi.org/10.2307/20034048

Bjorvatn, K., Farzanegan, M. R., y Schneider, F. (2013). Resource Curse and power balance: Evidence from Iran. Review of Middle East Economics and Finance, 9(2), 133-158. Recuperado de: https://doi.org/10.1515/rmeef-2012-0029

Brahmbhatt, M., Otaviano, C., y Vostroknutova, E. (2010). Dealing with Dutch Disease. Economic Premise, (16), 1-7. Recuperado de: http://hdl.handle.net/10986/10174

Bruno, M., y Sachs, J. (1982). Energy and resource allocation: A dynamic model of the Dutch Disease. Review of Economic Studies, 49(5), 845-859. Recuperado de: https://doi.org/10.2307/2297191

Bulte, E. H., y Damania, R. (2008). Resources for sale: Corruption, democracy and the natural resource curse. The B. E. Journal of Economic Analysis and Policy, 8(1), 1-30. Recuperado de: https://doi.org/10.2202/1935-1682.1890

Caselli, F., y Michaels, G. (2013). Do oil windfalls improve living standards? Evidence from Brazil. American Economic Journal: Applied Economics, 5(1), 208-238. Recuperado de: https://doi.org/10.1257/app.5.1.208

Chernova, E. G., y Razmanova, S. V. (2018). Development of competitive environment at the oil market of Russian Federation: Empirical analysis. Ekonomika Regiona, 14(2), 547-561. Recuperado de: https://doi.org/10.17059/2018-2-17

Congleton, R. D., Hillman, A. L., y Konrad, K. A. (2008). Forty Years of research on rent seeking: An overview. En C. D. Roger, A. L. Hillman y K. A. Konrad (eds.), Forty Years of Research on Rent Seeking 1 (pp. 1-61). Berlín: Springer.

Contín-Pilart, I., Correljé, A. F., y Palacios, M. B. (2009). Competition, regulation, and pricing behavior in the Spanish retail gasoline market. Energy Policy, 37(1), 219-228. Recuperado de: https://doi.org/10.1016/j.enpol.2008.08.018

Corden, W. M. (1984). Booming sector and Dutch Disease Economics: Survey and consolidation. Oxford Economic Papers, New Series, 36(3), 359-380. Recuperado de: https://doi.org/10.1093/oxfordjournals.oep.a041643

Corden, W. M., y Neary, J. P. (1982). Booming sector and de-industrialization in a small open economy. The Economic Journal, 92(368), 825-848. Recuperado de: https://doi.org/10.2307/2232670

Cowling, K., y Mueller, D. C. (1978). The social costs of monopoly power. Economic Journal, 88(4), 727-748. Recuperado de: https://doi.org/10.2307/2231975

Farzanegan, M. R. (2011). Oil revenue shocks and government spending behavior in Iran. Energy Economics, 33(6), 1055-1069. Recuperado de: https://doi.org/10.1016/j.eneco.2011.05.005

Farzanegan, M. R., y Markwardt, G. (2011). The effects of oil price shocks on the Iranian economy. Energy Economics, 31(1), 134-151. Recuperado de: https://doi.org/10.1016/j.eneco.2008.09.003

García, J. P. (2010). Dynamic pricing in the Spanish gasoline market: A tacit collusion equilibrium. Energy Policy, 38(4), 1931-1937. Recuperado de: https://doi.org/10.1016/j.enpol.2009.11.073

Gelb, A. (1988). Windfall Gains: Blessing or Curse? Oxford y Nueva York: Oxford University Press.

Gylfason, T., Herbertsson, T. T., y Zoega, G. (1999). A mixed blessing: Natural resources and economic growth. Macroeconomic Dynamics, 3(2), 204-225. Recuperado de: https://doi.org/10.1017/S1365100599011049

Harding, T., y Venables, A. J. (2016). The implications of natural resource exports for nonresource trade. IMF Economic Review, 64(2), 268-302. Recuperado de: https://doi.org/10.1057/imfer.2015.43

Hierro-Recio, L. A., Atienza-Montero, P., Varo-Morales, M., y Garzón-Gordón, A. J. (2020). Determinants of fuel prices: dominant firms, local monopolies and ‘captive’ demand. Regional Studies, Regional Science, 7(1), 394-411. Recuperado de: https://doi.org/10.1080/21681376.2020.1811138

Hindriks, J., y Myles, D. G. (2013). Intermediate Public Economics (2a ed.). Cambridge, Mass.: MIT Press.

Ismail, K. (2010). The Structural Manifestation of the ‘Dutch Disease’: The Case of Oil Exporting Countries (IMF working paper, núm. 10/103). FMI. Recuperado de: https://www.imf.org/external/pubs/ft/wp/2010/wp10103.pdf

Karl, T. L. (1997). The Paradox of Plenty: Oil Booms and Petro-States. Berkeley, California: University of California Press.

Krueger, A. O. (1974). The political economy of the rent-seeking society. American Economic Review, 64(3), 291-303. Recuperado de: https://www.jstor.org/stable/1808883

Lane, P. R., y Tornell, A. (1996). Power, growth and the voracity effect. Journal of Economic Growth, 1, 213-241. Recuperado de: https://doi.org/10.1007/BF00138863

Laporte, B., y Quatrebarbes, C. de (2015). What do we know about the sharing of mineral resource rent in Africa? Resources Policy, 46(2), 239-249. Recuperado de: https://doi.org/10.1016/j.resourpol.2015.10.005

Larsen, E. R. (2006). Escaping the resource curse and the Dutch Disease? When and why Norway caught up with and forged ahead of its neighbors? The American Journal of Economics and Sociology, 65(3), 605-640. Recuperado de: https://doi.org/10.1111/j.1536-7150.2006.00476.x

Looney, R. (2006). Can Iraq overcome the oil curse? World Economics, 7(1), 21-44. Recuperado de: http://hdl.handle.net/10945/40490

Matallah, S. (2022). Economic diversification and governance challenges in mena oil exporters: A comparative analysis. The Journal of Economic Asymmetries, 26, e00255. Recuperado de: https://doi.org/10.1016/j. jeca.2022.e00255

Mehlum, H., Moene, K., y Torvik, R. (2006). Institutions and the resource curse. Economic Journal, 116(508), 1-20. Recuperado de: https://doi.org/10.1111/j.1468-0297.2006.01045.x

Mohaddes, K., y Pesaran, M. H. (2013). One Hundred Years of Oil Income and the Iranian Economy: A Curse or a Blessing? (Cambridge Working Papers in Economics, 1302). Cambridge: University of Cambridge. Recuperado de: https://www.econ.cam.ac.uk/research-files/repec/cam/pdf/cwpe1302.pdf

Mostafavi, S. M., Behname, M., y Borzadaran, H. M. (2013). Natural resources, openness and income inequality in Iran. Romanian Economic Journal, 16(49), 3-26. Recuperado de: http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2013-09-01/1908/behname-mehdi.pdf

Nademi, Y. (2018). The resource curse and income inequality in Iran. Quality & Quantity, 52, 1159-1172. Recuperado de: https://doi.org/10.1007/s11135-017-0510-y

Ogbuabor, J. E., God’stime, O. E., Manasseh, C. O., y Mba, I. C. (2018). Asymmetric price transmission and rent-seeking in road fuel markets: A comparative study of South Africa and selected Eurozone countries. African Development Review, 30(3), 278-290. Recuperado de: https://doi.org/10.1111/1467-8268.12336

Ogbuabor, J. E., y Onuigbo, F. N. (2018). Are there problems of asymmetric price adjustment and rent-seeking in Spanish retail diesel market? Saudi Journal of Economics and Finance, 2(6), 376-381. Recuperado de: https://www.saudijournals.com/media/articles/SJEF-26-376-381-c.pdf

Ogbuabor, J. E., y Onuigbo, F. N. (2019). Response of Italian domestic heating oil market to variations in crude oil costs: Symmetric or asymmetric? Journal of Energy Technologies and Policy, 9(2). Recuperado de: https://doi.org/10.7176/JETP/9-2-02

Ogbuabor, J. E., Orji, A., y Anthoni-Orji, O. I. (2020). Are anticompetitive behaviours rampant in global retail energy markets? A study of price elasticity, asymmetric price adjustment and rent-seeking. Energy Research & Social Science, 70, 101783. Recuperado de: https://doi.org/10.1016/j.erss.2020.101783

Ploeg, F. vander (2011). Curse or blessing? Journal of Economic Literature, 49(2), 366-420.Recuperado de: https://doi.org/10.1257/jel.49.2.366

Ploeg, F. van der, y Poelhekke, S. (2009). Volatility and the natural resource curse. Oxford Economic Papers, 61(4), 727-760. Recuperado de: https://doi.org/10.1093/oep/gpp027

Posner, R. A. (1975). The social costs of monopoly and regulation. Journal of Political Economy, 64(4), 807-827. Recuperado de: https://doi.org/10.1086/260357

Rodriguez, P. L., Morales, J., y Marturet, F. M. (2012). Direct Distribution of Oil Revenues in Venezuela: A Viable Alternative? (Center for Global Development Working Paper, 306). SSRN. Recuperado de: http://dx.doi.org/10.2139/ssrn.2226516

Ross, M. L. (1999). The political economy of the resource curse. World Politics, 51(2), 297-322. Recuperado de: https://doi.org/10.1017/S0043887100008200

Ross, M. L. (2012). The Oil Curse. How Petroleum Wealth Shapes the Development of Nations. Reino Unido: Princeton University Press.

Sachs, J. D., y Warner, A. M. (1999). The big push, natural resource booms and growth. Journal of Development Economics, 59(1), 43-76. Recuperado de: https://doi.org/10.1016/S0304-3878(99)00005-X

Sachs, J. D., y Warner, A. M. (2001). The curse of natural resources. European Economic Review, 45(4-6), 827-838. Recuperado de: https://doi.org/10.1016/S0014-2921(01)00125-8

Sala-i-Martin, X., y Subramanian, A. (2003). Addressing the Natural Resource Curse: An Illustration from Nigeria (NBER working paper, 9804). SSRN. Recuperado de: https://ssrn.com/abstract=420318

Satti, S. L., Farooq, A., Loganathan, N., y Shahbaz, M. (2014). Empirical evidence on the resource curse hypothesis in oil abundant economy. Economic Modelling, 42, 421-429. Recuperado de: https://doi.org/10.1016/j.econmod.2014.07.020

Stokke, H. (2008). Resource boom, productivity growth and real exchange rate dynamics — A dynamic general equilibrium analysis of South Africa. Economic Modelling, 25(1), 148-160. Recuperado de: https://doi.org/10.1016/j.econmod.2007.05.005

Su, C. W., Khan, K., Tao, R., y Umar, M. (2020). A review of resource curse burden on inflation in Venezuela. Energy, 204(1), 117925. Recuperado de: https://doi.org/10.1016/j.energy.2020.117925

Tornell, A., y Lane, P. R. (1999). The voracity effect. American Economic Review, 89(1), 22-46. Recuperado de: https://doi.org/10.1257/aer.89.1.22

Torvik, R. (2002). Natural resources, rent seeking and welfare. Journal of Development Economics, 67(2), 455-470. Recuperado de: https://doi.org/10.1016/S0304-3878(01)00195-X

Tullock, G. (1967). The welfare costs of tariffs, monopolies, and theft. Economic Inquiry, 5(3), 224-232. Recuperado de: https://doi.org/10.1111/j.1465-7295.1967.tb01923.x

Tullock, G. (1987). Rent seeking. En J. Eatwell, M. Milgate y P. Newman (eds.), The New Palgrave: A Dictionary of Economics (p. 147). Londres: Palgrave Macmillan.

Vicente, P. C. (2010). Does oil corrupt? Evidence from a natural experiment in West Africa. Journal of Development Economics, 92(1), 28-38. Recuperado de: https://doi.org/10.1016/j.jdeveco.2009.01.005