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Does oil abundance harm growth?

Tiago Cavalcanti (), Kamiar Mohaddes () and Mehdi Raissi

Applied Economics Letters, 2011, vol. 18, issue 12, 1181-1184

Abstract: This article explores whether natural resource abundance is a curse. Our results reveal that oil abundance has a positive effect on both long-run income levels and short-run economic growth.

Date: 2011
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