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Do resource dependent regions grow slower than they should?

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  • James, Alexander G.
  • James, Robert G.

Abstract

A large literature documents a negative correlation between income growth and resource dependence. This correlation has been named the resource curse. We present evidence that suggests that the resource curse can be explained by a slow growing resource sector.

Suggested Citation

  • James, Alexander G. & James, Robert G., 2011. "Do resource dependent regions grow slower than they should?," Economics Letters, Elsevier, vol. 111(3), pages 194-196, June.
    • Handle: RePEc:eee:ecolet:v:111:y:2011:i:3:p:194-196
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    References listed on IDEAS

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    1. Sachs, J-D & Warner, A-M, 1995. "Natural Resource Abundance and Economic Growth," Papers 517a, Harvard - Institute for International Development.
    2. James, Alex & Aadland, David, 2011. "The curse of natural resources: An empirical investigation of U.S. counties," Resource and Energy Economics, Elsevier, vol. 33(2), pages 440-453, May.
    3. van Wijnbergen, Sweder J G, 1984. "The 'Dutch Disease': A Disease after All?," Economic Journal, Royal Economic Society, vol. 94(373), pages 41-55, March.
    4. Matsuyama, Kiminori, 1992. "Agricultural productivity, comparative advantage, and economic growth," Journal of Economic Theory, Elsevier, vol. 58(2), pages 317-334, December.
    5. repec:fth:stanho:e-92-3 is not listed on IDEAS
    6. Sachs, Jeffrey D. & Warner, Andrew M., 2001. "The curse of natural resources," European Economic Review, Elsevier, vol. 45(4-6), pages 827-838, May.
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