Trade policies, institutions and the natural resource curse.

We offer new cross-country evidence on the natural resource curse. We investigate the impact of the interaction of natural resource abundance and policies on growth. We find that the resource curse is less severe in countries with less restrictive trade policies and good institutions. However, we sh...

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Détails bibliographiques
Auteurs principaux: Arezki, R, van der Ploeg, F
Format: Journal article
Langue:English
Publié: Taylor and Francis 2010
Description
Résumé:We offer new cross-country evidence on the natural resource curse. We investigate the impact of the interaction of natural resource abundance and policies on growth. We find that the resource curse is less severe in countries with less restrictive trade policies and good institutions. However, we show that empirical evidence on the resource curse is not robust to correcting for the endogenous nature of some regressors.