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Curse or Blessing: A New Perspective on Natural Resources for Developing Countries
| Content Provider | Semantic Scholar |
|---|---|
| Author | Xu, Kangning Chen, Shumei Shao, Jun |
| Copyright Year | 2010 |
| Abstract | The Natural Resource Curse is widely accepted but still a puzzling phenomenon for developing countries. Sachs and Warner (1995) and other researchers have found that countries with natural resources abundance tend to grow slowly. Some have argued that the findings might result from a bias in time series (from 1970 to 1989) they selected, when the prevailing prices of resource products were at low level. Using cross-country data from 1990 to 2007, this paper conducts a further study first from a general perspective, followed by segmenting resources into different types and finally dividing samples into different regions in order to have a holistic view of impacts of natural resources on economic growth in developing countries, with rather differentiated results reached. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.etsg.org/ETSG2010/papers/Xu%20Chen%20Shao.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
