Browsing Economía by Subject "Natural resources"
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Do Market Prices Reflect Real Scarcity? Theories and Facts
(Pontificia Universidad Católica del Perú. Fondo EditorialPE, 2019-09-16)Do market relative prices reflect real scarcity of resources? If this were so, market prices would provide society with the correct signals about real scarcities. Economics—the science of scarcity— has different answers ... -
The Consequences of a Grabbing Hand: Five Selected Ways in Which Corruption Affects the Economy
(Pontificia Universidad Católica del Perú. Fondo EditorialPE, 2020-06-18)This article provides a survey of the existing literature on the effects of corruption on economic growth, foreign direct investment, income inequality, human development, and natural resources sector. Both the theoretical ...