Are resource abundant countries afflicted by the resource curse?

Shahida Wizarat

International Journal of Development and Conflict, 2013, vol. 3, issue 2, 24-39

Abstract: We find evidence for the ‘resource curse’ phenomenon for the decade of the 1980s only, as revealed by higher average annual rate of GDP growth for the resource scarce countries as compared with the top oil and gas exporting countries and ore and mineral rich countries. The low growth rate prediction of the resource curse literature is refuted as the average annual rate of growth of ore and mineral rich countries is higher, while that of the top oil and gas exporting countries much higher as compared with the resource scarce countries for the 1990 and 2000 decades.

Keywords: Resource Curse; Dutch Disease; Global GDP Growth Rates; Resource Rich Countries; Resource Scarce Countries (search for similar items in EconPapers)
JEL-codes: O47 Q34 Y10 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ijdc.org.in/uploads/1/7/5/7/17570463/article_2.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gok:ijdcv1:v:3:y:2013:i:2:p:24-39

Ordering information: This journal article can be ordered from
http://www.ijdc.org.in/issues.html

Access Statistics for this article

International Journal of Development and Conflict is currently edited by Partha Gangopadhyay

More articles in International Journal of Development and Conflict from Gokhale Institute of Politics and Economics Contact information at EDIRC.
Bibliographic data for series maintained by ().