Abstract (EN):
This paper presents a survey of literature on the `resource curse¿, a puzzling empirical result
that associates natural resource riches with lower economic growth. We show the main
theories that attempt to explain the curse ¿ ranging from the structuralist theses of the 1950s
to recent and more consensual institutional causes ¿, and present a critical review of results in
view of theory, estimation procedures and used resource proxies.
Idioma:
Inglês
Tipo (Avaliação Docente):
Científica
Notas:
Disponível em http://cefup.fep.up.pt/uploads/WorkingPapers/2013_02_wp.pdf