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Resource curse: the role of institutions versus policies

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  • Benhua Yang

Abstract

Recent work suggests that countries with good institutions can escape the resource curse. This article shows that in the developing countries where the curse is of primary concern, institutional quality does not seem to have much influence; instead, it appears that it is a country's policies which play a significant role in neutralizing the negative impact of resource abundance.

Suggested Citation

  • Benhua Yang, 2010. "Resource curse: the role of institutions versus policies," Applied Economics Letters, Taylor & Francis Journals, vol. 17(1), pages 61-66, January.
    • Handle: RePEc:taf:apeclt:v:17:y:2010:i:1:p:61-66
    DOI: 10.1080/13504850701719736
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    References listed on IDEAS

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    1. Jeffrey D. Sachs & Andrew M. Warner, 1995. "Natural Resource Abundance and Economic Growth," NBER Working Papers 5398, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Magali Dauvin & David Guerreiro, 2016. "The Paradox of Plenty: A Meta-Analysis," Working Papers hal-04141596, HAL.
    2. Chandan Sharma & Ritesh Kumar Mishra, 2022. "On the Good and Bad of Natural Resource, Corruption, and Economic Growth Nexus," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(4), pages 889-922, August.
    3. Azarhoushang, Behzad & Rukavina, Marko, 2014. "Resource curse: A comparative study," IPE Working Papers 30/2014, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    4. Dauvin, Magali & Guerreiro, David, 2017. "The Paradox of Plenty: A Meta-Analysis," World Development, Elsevier, vol. 94(C), pages 212-231.
    5. Ruba Aljarallah, 2021. "An Analysis of the Impact of Rents from Non-renewable Natural Resources and Changes in Human Capital on Institutional Quality: A Case Study of Kuwait," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 224-234.
    6. Sharma, Chandan & Paramati, Sudharshan Reddy, 2022. "Resource curse versus resource blessing: New evidence from resource capital data," Energy Economics, Elsevier, vol. 115(C).

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