Volatility and the natural resource curse

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...

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Detaylı Bibliyografya
Asıl Yazarlar: Van der Ploeg, R, Poelhekke, S
Materyal Türü: Working paper
Baskı/Yayın Bilgisi: University of Oxford 2008