Natural resources, decentralization, and risk sharing: Can resource booms unify nations?

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Natural resources, decentralization, and risk sharing: Can resource booms unify nations?

© 2016 Elsevier B.V.Previous studies imply that a positive regional fiscal shock, such as a resource boom, strengthens the desire for separation. In this paper we present a new and opposite perspective. We construct a model of endogenous fiscal decentralization that builds on two key notions: a trad...

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Bibliographic Details
Main Authors:	Perez-Sebastian, F., Raveh, Ohad
Format:	Journal Article
Published:	Elsevier BV 2016
Online Access:	https://www.journals.elsevier.com/journal-of-development-economics http://hdl.handle.net/20.500.11937/61721

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