Why are natural resources a curse in Africa, but not elsewhere?

Fabrizio Carmignani () and Abdur Chowdhury ()

No 406, Discussion Papers Series from University of Queensland, School of Economics

Abstract: We study the nexus between natural resources and growth in Sub-Saharan Africa (SSA) and find that SSA is indeed special: resources dependence retards growth in SSA, but not elsewhere. The natural resources curse is thus specific to SSA. We then show that this specificity does not depend on the type of primary commodities on which SSA specializes. Instead, the SSA specificity appears to arise from the interaction between institutions and natural resources.

Date: 2010
New Economics Papers: this item is included in nep-afr, nep-ene and nep-env
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Citations: View citations in EconPapers (17)

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Persistent link: https://EconPapers.repec.org/RePEc:qld:uq2004:406

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