A Reappraisal of the Resource Curse

Nicolas Clootens and Djamel Kirat

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Abstract: We here provide some evidence that the growth regression models used to test the resource curse should correctly account for heterogeneities between countries. We reproduce the results in a well-known article by Brunnschweiler and Bulte (2008) and then test their robustness. We show that the impact of resource dependence on growth strongly depends on the way in which we model heterogeneity. We find evidence of the resource curse in low-income countries.

Keywords: Dutch-Disease (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-gro
Note: View the original document on HAL open archive server: https://insu.hal.science/insu-01526068
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Published in Economics Bulletin, 2017, 37 (1), pp.12-18

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Journal Article: A Reappraisal of the Resource Curse (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:insu-01526068

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