NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Cursed Resources? Political Conditions and Oil Market Outcomes

Gilbert E. Metcalf, Catherine Wolfram

NBER Working Paper No. 16614
Issued in December 2010

---- Acknowledgements -----

We are grateful to Carla Peterman for extraordinary research assistance and to Daron Acemoglu, Arthur van Bentham, Ryan Kellogg, Lutz Kilian, Richard Schmalensee, Enrico Spolaore and seminar participants at the University of Chicago Harris School, Columbia University, University of California Berkeley, Duke University and University of Michigan for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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