Defense Spending, Natural Resources, and Conflict

Natural Resources, Social Conflict and Poverty Trap

The paper analyses a model where the fight for the appropriation of rents from natural resources between two groups leads to multiple equilibria. The possibility to be trapped into the low-income equilibrium, characterized by strong social conflict (civil war) and stagnation of income, increases with the weakness of political institutions, the population growth rate, the amount of rents from na...

Tourism And Natural Resources

Conflict and Production: An Application to Natural Resources

We present a Stackelberg model of conflict, in which contestants have limited endowments to be put in two separate sectors, thus incorporating salient features of many conflicts. The model is applied to the case of conflict over natural resources. Consistent with amounting empirical evidence regarding a so-called ”resource curse”, we find that the relation between conflict intensity and resourc...

Economics. Linking natural resources to slow growth and more conflict.

Natural Resources Defense Council Appliance Standards Awareness Project

In 2010, as part of a rulemaking on efficiency standards, the U.S. government published its first estimates of the benefits of reducing CO2 emissions, referred to as the social cost of carbon (SCC). Using three climate economic models, an interagency task force concluded that regulatory impact analyses should use a central value of $21 per metric ton of CO2 for the monetized benefits of emissio...