The resource curse and its potential reversal

Arbeitspapier

Several recent papers suggest that the negative association between natural resource intensity and economic growth can be reversed if institutional quality is high enough. We try to understand this result in more detail by decomposing the resource measure, using alternative measures of both resources and institutions, and by studying different time periods. While an institutional reversal is present in many specifications, only ores and metals interacted with the ICRG measure of institutional quality consistently have a negative growth effect but a positive interaction that turns the curse around when institutions are good enough.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2012:17

Classification and Topics

• Classification: Wirtschaft ; Economic Growth and Aggregate Productivity: General ; Comparative Studies of Countries ; Capitalist Systems: Political Economy ; Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; Economic History: Agriculture, Natural Resources, Environment, and Extractive Industries: General, International, or Comparative
• Subject: Natural Resources ; Minerals ; Fuels ; Resource Curse ; Property Rights ; Institutions ; Economic Growth ; Development ; Wirtschaftswachstum ; Entwicklung ; Natürliche Ressourcen ; Institutionelle Infrastruktur ; Methode der kleinsten Quadrate ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Boschini, Anne ; Pettersson, Jan ; Roine, Jesper
• Event: Veröffentlichung
• (who): Uppsala University, Department of Economics
• (where): Uppsala
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/82511
• URN: urn:nbn:se:uu:diva-184521
• Last update: 10.03.2025, 11:42 AM CET