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The Impact of Natural Resources: Survey of Recent Quantitative Evidence

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  • Frederick Van Der Ploeg
  • Steven Poelhekke

Abstract

The cross-country empirical evidence for the natural resource curse is ample, but unfortunately fraught with econometric difficulties. A recent wave of studies on measuring the impact of natural resource windfalls on the economy exploits novel datasets such as giant oil discoveries to identify effects of windfalls, uses natural experiments and within-country econometric analysis, and estimates local impacts. These studies offer more hope in the search of quantitative evidence.

Suggested Citation

  • Frederick Van Der Ploeg & Steven Poelhekke, 2017. "The Impact of Natural Resources: Survey of Recent Quantitative Evidence," Journal of Development Studies, Taylor & Francis Journals, vol. 53(2), pages 205-216, February.
    • Handle: RePEc:taf:jdevst:v:53:y:2017:i:2:p:205-216
    DOI: 10.1080/00220388.2016.1160069
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    References listed on IDEAS

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    1. Francesco Caselli & Guy Michaels, 2013. "Do Oil Windfalls Improve Living Standards? Evidence from Brazil," American Economic Journal: Applied Economics, American Economic Association, vol. 5(1), pages 208-238, January.
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