Is natural capital a blessing or a curse for capital accumulation in low income countries?
The aim of this paper is to re-examine the validity of the resource curse hypothesis between produced capital and natural capital for 22 low income countries (LIC) over the period 2002–2018. We use the World Bank's unique global asset database that measures the value of a nation's wealth i...
Main Authors: | Wolde-Rufael, Yemane, Mulat-Weldemeskel, Eyob |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2023
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Subjects: | |
Online Access: | https://repository.londonmet.ac.uk/8696/1/1-s2.0-S0301420723006694-main.pdf |
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