Oil “Rents” and Political Development: What Do We Really Know About the Curse of Natural Resources?

@article{Brooks2022OilA,
  title={Oil “Rents” and Political Development: What Do We Really Know About the Curse of Natural Resources?},
  author={Sarah M. Brooks and Marcus J. Kurtz},
  journal={Comparative Political Studies},
  year={2022}
}
Research on the political implications of oil wealth is now over two decades old, and yet still unresolved. Despite many advances in this literature, a core concept—resource rents—remains under-theorized, and even less well measured. This mis-measurement, we contend, has direct and significant consequences for theoretical findings on the resource curse. Although rents refer to excessive profits, analyses to date have not directly or indirectly focused on the profitability of oil extraction… 

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