• Dutch disease dynamics reconsidered 

      Bjørnland, Hilde C; Thorsrud, Leif Anders; Torvik, Ragnar (Journal article; Peer reviewed, 2019)
      In this paper we develop the first model to incorporate the dynamic productivity consequences of both the spending effect and the resource movement effect of oil abundance. We show that doing so dramatically alters the ...
    • Petro populism 

      Matsen, Egil; Natvik, Gisle J.; Torvik, Ragnar (Journal article; Peer reviewed, 2016)
      We aim to explain petro populism|the excessive use of oil revenues to buy political support. To reap the full gains of natural resource income, politicians need to remain in o ce over time. Hence, even a rent-seeking ...