The pungent smell of "red herrings": subsoil assets, rents, volatility and the resource curse
Brunnschweiler and Bulte (2008) provide cross-country evidence that the resource curse is a "red herring" once one corrects for endogeneity of resource exports and allows resource abundance affect growth. Their results show that resource exports are no longer significant while the value of...
Príomhchruthaitheoirí: | , |
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Formáid: | Working paper |
Foilsithe / Cruthaithe: |
University of Oxford
2010
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