Ideology and the Role of Natural Resources in Bolivia

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dc.contributor.authorKuscevic, Casto Martín Montero
dc.contributor.departmentDepartment of Economics
dc.contributor.facultyFaculty of Arts and Sciences (FAS)
dc.contributor.institutionAmerican University of Beirut
dc.date.accessioned2025-01-24T11:23:16Z
dc.date.available2025-01-24T11:23:16Z
dc.date.issued2019
dc.description.abstractAbstract: The growth literature has identified four channels of transmission by which the abundance of natural resources can negatively affect economic growth. In this article, I suggest ideology as a fifth transmission channel. To test this hypothesis, I exploit the geography of Bolivia whose western regions have natural resources that differ considerably from its eastern regions. I find that regions with predominantly extractive natural resources tend to choose redistributive and interventionist rather than laissez-faire policies. Additionally, I identify two effects on growth depending upon the type of natural resource that a region possesses in abundance. © 2019, © 2019, Journal of Economic Issues / Association for Evolutionary Economics.
dc.identifier.doihttps://doi.org/10.1080/00213624.2019.1644929
dc.identifier.eid2-s2.0-85071335758
dc.identifier.urihttp://hdl.handle.net/10938/25668
dc.language.isoen
dc.publisherRoutledge
dc.relation.ispartofJournal of Economic Issues
dc.sourceScopus
dc.subjectEconomic growth
dc.subjectNatural resources
dc.subjectPolitical ideology
dc.subjectProperty rights
dc.titleIdeology and the Role of Natural Resources in Bolivia
dc.typeArticle

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