Natural Resource Dependence and Monopolized Imports

• Tác giả: Rabah Arezki
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.8 Combinations
• Thông tin xuất bản: World Bank, Washington, DC, 2023
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 314250
• Chủ đề: 1. DOMESTIC PRICES; 2. IMPORTS; 3. MARKET CONCENTRATION; 4. NATURAL RESOURCE CURSE; 5. NATURAL RESOURCES

Tóm tắt

Countries with greater commodity export intensity have more concentrated markets for imported goods. Within countries over time, import market concentration is associated with higher domestic prices, suggesting that markups due to greater concentration outweigh any potential cost efficiency. Hydrocarbon fuel exporting economies especially have higher tariffs, tariff evasion, and non-tariff measures that concentrate markets. These results suggest a novel channel for the resource curse stemming from the monopolization of imports.