Arbeitspapier
The Resource Curse and Fiscal Policy Volatility
Using data from 1980 to 2004, we show that greater fiscal policy volatility acts as a transmission mechanism for the resource curse. Resource exports dominate political and institutional variables as determinants of fiscal policy volatility, with fiscal policy volatility being a significant determinant of growth. The existence of a resource curse is confirmed, in the sense that a higher ratio of natural resource exports to total merchandise exports is associated with significantly slower per capita GDP growth. There are no statistically significant differences between the effects of point-source and diffuse resource exports.
- Sprache
-
Englisch
- Erschienen in
-
Series: CREDIT Research Paper ; No. 09/09
- Klassifikation
-
Wirtschaft
National Government Expenditures and Related Policies: General
Economic Growth and Aggregate Productivity: General
Resource Booms
- Thema
-
fiscal policy
growth
resource curse
Natürliche Ressourcen
Export
Finanzpolitik
Volatilität
Wirtschaftswachstum
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bleaney, Michael
Halland, Håvard
- Ereignis
-
Veröffentlichung
- (wer)
-
The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
- (wo)
-
Nottingham
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bleaney, Michael
- Halland, Håvard
- The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
Entstanden
- 2009