Work

Natural Resource Dependence and Monopolized Imports

Year: 2023

Type: report

Abstract: 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.

Source: World Bank, Washington, DC eBooks

DOI: 10.1596/1813-9450-10339

Authors: Rabah Arezki, Ana Fernandes, Federico Merchán, Ha Nguyen, Tristan Reed

Institutions: Harvard University, Centre d'Études et de Recherches sur le Développement International, Fondation pour les Études et Recherches sur le Développement International, International Monetary Fund, World Bank Group, Christian-Albrechts-Universität zu Kiel

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W3196822905

Cites: 47

Cited by: 8

Related to: 10