Volatility and the natural resource curse

Volatility and the natural resource curse

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We provide cross-country evidence that rejects the traditional interpretation of the natural resource curse. First, growth depends negatively on volatility of unanticipated output growth independent of initial income, investment, human capital, trade openness, natural resource dependence and populat...

書誌詳細
主要な著者:	Van der Ploeg, R, Poelhekke, S
フォーマット:	Working paper
出版事項:	University of Oxford 2008

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