How robust is the natural resource curse?
AbstractPrior research has found that countries rich in resources grow slower than countries with few natural resources. This paper re-examines the natural resource curse using updated data. In addition, the robustness of the results to various sample choices is investigated. The resource curse appears to be sensitive to the sample of countries used in the regression. In fact, eliminating a single country eliminates the significance of the curse. However, extending the methodology to allow for variation of the growth rate across decades improves the robustness of the negative effect of natural resources on the growth rate.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal International Economic Journal.
Volume (Year): 22 (2008)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RIEJ20
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Lucas Bretschger, 2010.
"Energy Prices, Growth and the Channels Imbetween: Theory and evidence,"
OxCarre Working Papers
034, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Lucas Bretschger, 2006. "Energy Prices, Growth,and the Channels in Between: Theory and Evidence," CER-ETH Economics working paper series 06/47, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.