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Does oil abundance harm growth?

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  • Tiago de. V. Cavalcanti
  • Kamiar Mohaddes
  • Mehdi Raissi

Abstract

This article explores whether natural resource abundance is a curse. Our results reveal that oil abundance has a positive effect on both long-run income levels and short-run economic growth.

Suggested Citation

  • Tiago de. V. Cavalcanti & Kamiar Mohaddes & Mehdi Raissi, 2011. "Does oil abundance harm growth?," Applied Economics Letters, Taylor & Francis Journals, vol. 18(12), pages 1181-1184.
    • Handle: RePEc:taf:apeclt:v:18:y:2011:i:12:p:1181-1184
    DOI: 10.1080/13504851.2010.528356
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