University of Oxford

Rick van der Ploeg

Research Web Site

To appear

Oil discoveries and protectionism: role of news effects, Journal of Environmental Economics and Management. With Fidel Perez-Sebastian and Ohad Raveh.

Management of resource revenues: Economic principles and Caspian experiences, in G. Mavrotas (ed.), Natural Resources and Development, Elgar, Aldershot, to appear. With K. Kuralbayeva and A.J. Venables. oxcarrepp201006

2019

The shifting natural wealth of nations: the role of market orientation, Journal of Development Economics, 138, 228-245. With Rabah Arezki and Fred Toscanini.

Macro policy responses to natural resource windfalls and the crash in commodity prices, Journal of International Money and Finance, 96, 263-282.

2018

Political economy of dynamic resource wars, Journal of Environmental Economics and Management, 92, 765-782.

Rethinking the Macroeconomics of Resource-Rich Countries (eds.), VoxEU, CEPR Press London. With R. Arezki, R. Boucekkine and M. Laksaci.

Extractive revenues and government spending: short versus longer considerations, Chapter 9 in T. Addison and A. Roe (eds), Extractive Industries and Development – The Management of Resources a Driver of Sustainable Development, Oxford University Press, Oxford, U.K. and WIDER, UNU, Helsinki. With A.J. Venables.

Managing oil and gas revenue before and after the crash & Three funds for managing natural resource wealth, in R. Arezki, R. Boucekkine, M. Laksaci and F. van der Ploeg (eds.), Rethinking the Macroeconomics of Resource-Rich Countries, VoxEU book, CEPR, London.

2017

Book review of BLOOD OIL – TYRANTS, VIOLENCE and the RULES That RUN the WORLD by Leif Wenar, Oxford University Press, 2016, ISBN 978-0-19-026292-1 (hardback), Economics and Philosophy, 33, 2, 320-325.

Russian oil and gas windfalls and the sustainable fiscal stance, Energy Policy, 5, 105(C), 27-40. With Aleksandra Malova.

Harnessing hydrocarbon revenues: a Russian perspective, Vestnik SPbSU, St. Petersburg University Journal of Economic Studies, T33, 3, 4, 348-364. With Aleksandra Malova and Andrey Saltan.

Political economy of the West: populism versus policy wonks, Keynote Lecture, Vestnik SPbSU, St. Petersburg University Journal of Economic Studies, 33, 1, 4-16.

Sustainable management of natural resource wealth, Chapter 19, pp. 431-446 in C. Hepburn and K. Hamilton (eds.), National Wealth: What is Missing, Why it Matters?, Oxford University Press, Oxford, U.K.

Natural resource make rich, pp. 153-154 in B. Frey and D. Iselin (eds.), Economic Ideas You Should Forget, Springer International Publishing.

The impact of natural resources – survey of recent quantitative evidence, in E. Papyrakis (ed.), Why Does Development Fail in Resource Rich Countries: The Catch 22 of Mineral Wealth, Routledge, London. With Steven Poelhekke.

Reprints of ‘Absorbing a windfall of foreign exchange: Dutch disease dynamics’ and ‘Harnessing windfall revenues: optimal policies for resource-rich developing economies’ with A.J. Venables, ‘Volatility and the natural resource curse’ with S. Poelhekke, ‘War and natural resource exploration’ with D. Rohner, ‘Managing and harnessing volatile oil windfalls’ with T.S. van den Bremer, and ‘Voracious transformation of a common natural resource into productive capital’, in F. van der Ploeg and A.J. Venables (eds.), The Economics of Resource Rich Economies (eds.), Edward Elgar, Cheltenham, U.K.

The Economics of Resource Rich Economies (eds.), Edward Elgar, Cheltenham, U.K. With A.J. Venables.

2016

The Elephant in the ground: managing oil and sovereign wealth, European Economic Review, 82, 113-131. With Ton S. van den Bremer and Samuel Wills.

Saving Alberta’s resource revenues: role of intergenerational and liquidity funds, Energy Policy, 99, 132-146. With Ton S. van den Bremer.

Fossil fuel producers under threat, Oxford Review of Economic Policy, 32, 2, 206-222.

A move South, Finance & Development, 53, 1, 36-39. With Rabah Arezki and Frederik Toscani.

The impact of natural resources – survey of recent quantitative evidence, Journal of Development Studies, 53, 2, 205-216. With Steven Poelhekke.

Energy policy post 1973, Chapter 37, 255-260 in C. Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics Revisited, Routledge, London and New York. With J. Feddersen, Florian Habermacher and Jan Imhof.

2015

Energy modeling post 1973, Journal of Natural Resources Policy, 7, 2-3, 161-166. With J. Feddersen, J. Imhof and F. Habermacher.

The Economics of Resource Rich Economies (eds.), Edward Elgar, Cheltenham, U.K., xvii+820 pp. With A.J. Venables.

2014

Guidelines for exploiting natural resource wealth, Oxford Review of Economic Policy, 30, 1, 145-169.

Understanding international commodity price movements, Journal of International Money and Finance, 42, April, 1-8. With R. Arezki, P. Loungani and A.J. Venables.

2013

Do natural resources attract non-resource FDI?, The Review of Economics and Statistics, 95 (3), 1047-1065. With S. Poelhekke.

Absorbing a windfall of foreign exchange: Dutch disease dynamics, Journal of Development Economics, 103, 229-243. With A.J. Venables.

Managing and harnessing volatile oil windfalls, IMF Economic Review, 61, 1, 130-167. With T.S. van den Bremer.

Official forecasts and management of oil windfalls, International Tax and Public Finance, 20, 5, 827-866. With T. Harding.

2012

War and natural resource exploitation, European Economic Review, 56, 8, 1714-1729. With D. Rohner.

Too much coal, too little oil, Journal of Public Economics, 96, 62-77. With C. Withagen.

Natural resource wealth: the challenge of managing a windfall, Annual Review of Economics, 4, 315-337. With A.J. Venables.

Bottlenecks in ramping up public investment, Keynote Lecture, 2011 IIPF Congress, Ann Arbor, International Tax and Public Finance, 19, 4, 509-538.

Oil windfalls and investing to invest in Central Africa, 89-109 in B. Aikitoby and S. Coorey (eds.), Oil in Central Africa – Policies for Inclusive Growth, International Monetary Fund, Washington, D.C., to appear. oxcarrepp201215

2011

Natural resources: curse or blessing?, Journal of Economic Literature, 49, 2, 366-420.

Harnessing windfall revenues: optimal policies for resource-rich developing economies, The Economic Journal, 121, 551, 1-30. With A.J. Venables.

Rapacious resource depletion, excessive investment and insecure property rights: a puzzle, Environmental and Resource Economics, 48, 1, 105-128.

Do natural resources depress income per capita?, Review of Development Economics, 15, 3, 504-521. With R. Arezki.

Fiscal policy and Dutch disease, International Economics and Economic Policy, 8, 121-131.

2010

Voracious transformation of a common natural resource into productive capital, International Economic Review, 51, 2, 365-381.

Aggressive oil extraction and precautionary saving: coping with volatility, Journal of Public Economics, 94, 5-6, 421-433.

The pungent smell of “red herrings”: subsoil assets, rents, volatility, and the resource curse, Journal of Environmental Economics and Management, 60, 1, 44-55. With Steven Poelhekke.

Why do many resource-rich countries have negative genuine saving rates? Anticipation of better times or rapacious rent seeking, Resource and Energy Economics, 32, 28-44.

Managing resource revenues in developing economies, IMF Staff Papers, 57, 1, 84-118. With P. Collier, M. Spence and A.J. Venables.

Trade policies, institutions and the natural resource curse, Applied Economics Letters, 17, 1443-1451. With R. Arezki.

Africa and the natural resource curse, 14-56 in I. Vieira et al. (eds.), Current Issues in International Economics, INFER.

Growth and volatility in developing economies, 29-51 in B. Berendsen (ed.), Economic growth and the Common Good – From Crisis to Sustainable Development, KIT publishers, Amsterdam.

2009

Volatility and the natural resource curse, Oxford Economic Papers , 61, 4, 727-760. With S. Poelhekke.

1989

Conflict over arms accumulation in market and command economies, 91-119 in F. van der Ploeg and A.J. de Zeeuw (eds.), Dynamic Policy in Economics, Contributions to Economic Analysis, North?Holland, Amsterdam. With A.J. de Zeeuw.

1990

Perfect equilibrium in a model of competitive arms accumu­lat­ion, Interna­tional Economic Review, 31, 1, 131‑146. With A.J. de Zeeuw. arno.uvt.nl

1987

Inefficiency of credible strategies in oligopolistic resource markets with uncertainty, Journal of Economic Dynamics and Control, 11, 1, 123‑145.

1986

Inefficiency of credible strategies in renewable resource markets with iso‑elastic demand, zero extraction costs and stochastic renewal, Journal of Econ­omic Dynamics and Control, 10, 1/2, 309‑314.

1982

Conflict over North Sea oil profits and macroeconomic policy, 680-696, in R.F. Drenick and F. Kozin (eds.), System Modelling and Optimization, Springer-­Verlag, Berlin. With M.R. Weale.