Do natural resources depress income per capita?

Most evidence for the resource curse comes from cross-country growth regressions suffers from a bias originating from the high and ever-evolving volatility in commodity prices. This paper addresses these issues by providing new cross-country empirical evidence for the effect of resources in income p...

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Bibliographic Details
Main Authors: Van der Ploeg, R, Arezki, R
Format: Working paper
Published: University of Oxford 2008