The Natural Resource Curse and Economic Transition
36 Pages Posted: 10 Sep 2009 Last revised: 18 Sep 2009
There are 2 versions of this paper
The Natural Resource Curse and Economic Transition
The Natural Resource Curse and Economic Transition
Date Written: September 2, 2009
Abstract
Using cross-country regressions, we examine the relationship between “point-source” resource abundance and economic growth, quality of institutions, investment in human and physical capital, and social welfare (life expectancy and infant mortality). Contrary to most literature, we find little evidence of natural resource curse outside of the economies in transition. In the economies in transition, there is some evidence that natural resource wealth is associated with higher infant mortality. This negative effect, however, exists only relative to other resource rich countries. Compared to other economies in transition, natural resource abundant transitional economies are not worse off with respect to our indicators.
Keywords: economic transition, resource curse, institutional quality
JEL Classification: P27, P28, O13, Q32
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Paper statistics
Recommended Papers
-
Addressing the Natural Resource Curse: An Illustration from Nigeria
-
Addressing the Natural Resource Curse: An Illustration from Nigeria
-
Political Foundations of the Resource Curse
By James A. Robinson, Ragnar Torvik, ...
-
By Jonathan Isham, Michael Woolcock, ...
-
Kleptocracy and Divide-and-Rule: A Model of Personal Rule
By Daron Acemoglu, James A. Robinson, ...
-
Kleptocracy and Divide-and-Rule: A Model of Personal Rule
By Daron Acemoglu, James A. Robinson, ...
-
Kleptocracy and Divide-and-Rule: A Model of Personal Rule
By Daron Acemoglu, James A. Robinson, ...
-
Natural Resources and Economic Growth: The Role of Investment
By Thorvaldur Gylfason and Gylfi Zoega
-
Natural Resources and Economic Growth: The Role of Investment
By Thorvaldur Gylfason and Gylfi Zoega