Working paper
Do natural resources depress income per capita?
- Abstract:
-
Most evidence for the resource curse comes from cross-country growth regressions suffers from a bias originating from the high and ever-evolving volatility in commodity prices. This paper addresses these issues by providing new cross-country empirical evidence for the effect of resources in income per capita. Natural resource dependence (resource exports) has a significant negative effect on income per capita, especially in countries with bad rule of law or bad policies, but these results wea...
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- Publication status:
- Published
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Authors
Bibliographic Details
- Publisher:
- University of Oxford Publisher's website
- Series:
- OxCarre Papers
- Publication date:
- 2008-02-05
- Paper number:
- 1
Item Description
- Keywords:
- Pubs id:
-
931121
- Local pid:
- pubs:931121
- Deposit date:
- 2020-12-14
Terms of use
- Copyright date:
- 2008
- Rights statement:
- Copyright 2008 The Author(s)
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