The Resource Curse and its Potential Reversal

被引:135
作者
Boschini, Anne [1 ]
Pettersson, Jan [2 ]
Roine, Jesper [3 ,4 ]
机构
[1] Stockholm Univ, Stockholm, Sweden
[2] Uppsala Univ, Uppsala, Sweden
[3] Stockholm Sch Econ, SITE, Stockholm, Sweden
[4] IZA, Bonn, Germany
关键词
natural resources; minerals; fuels; resource curse; property rights; institutions; economic growth; development; INSTITUTIONS; ORIGINS; RENTS; OIL;
D O I
10.1016/j.worlddev.2012.10.007
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
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. (C) 2012 Elsevier Ltd. All rights reserved.
引用
收藏
页码:19 / 41
页数:23
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