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Title:Genuine Savings and the Voracity Effect Author(s):VAN DER PLOEG, FrederickDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/38Abstract:Many resource-rich countries have negative genuine saving rates, so deplete their exhaustible natural resource wealth faster than they build up wealth in other assets. This phenomenon is stronger in more fractionalized ...

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AuthorVAN DER PLOEG, Frederick (1)Subjectcommon pool (1)E20 (1)Exhaustible natural resources (1)F32 (1)fractionalization (1)genuine saving, capital (1)Hartwick rule (1)Hotelling resource rents (1)O13 (1)Q01 (1)... View MoreTypeWorking Paper (1)Date Issued2000 - 2009 (1)Series/Number2007/38 (1)EUI ECO (1)
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