¿Cuál es el destino de los países abundantes en recursos minerales? Nueva evidencia sobre la relación entre recursos naturales, instituciones y crecimiento económico
Economies that have large endowments of natural resources, especially the ones that rely on oil and minerals, are ofien regarded as unlikely to develop, or even seen as cursed by nature. It is said that the mineral rents, which could be used to trigger a growth process, have in practice several negative effects that by and large counteract their potential positive contributions. Nevertheless, it seems that these results are sensitive to the measures of resource abundance that are used, and mineral resource abundance might not be necessarily growth retarding. This study will evaluate if the arguments to uphold that mineral rich countries are dwmed to low economic growth are strong and sound by testing a number of robustness checks on the standard models of resources and growth. We test if there are any specification bias in the model proposed in pa reticular of omitted variables- and if the resource curse thesis remains robust when using other measures of resource abundance, and when testing specifically for a mineral resource curse.
Volume (Year): (2004)
Issue (Month): 53-54 ()
|Contact details of provider:|| Postal: Av. Universitaria 1801, San Miguel, Lima, Perú|
Phone: 626-2000 ext. 4950
Web page: http://departamento.pucp.edu.pe/economia/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:pcp:pucrev:y:2005:i:53-54:p:99-172. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.