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A survey of literature on the resource curse: critical analysis of the main explanations, empirical tests and resource proxies, CEF.UP Working Paper, 2013-02
Title
A survey of literature on the resource curse: critical analysis of the main explanations, empirical tests and resource proxies, CEF.UP Working Paper, 2013-02
Type
Academic Work
Year
2013
Authors
Nuno Torres
(Author)
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Óscar Afonso
(Author)
FEP
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Isabel Soares
(Author)
FEP
Scientific classification
FOS:
Social sciences > Economics and Business
CORDIS:
Social sciences > Economics
Associated Institutions
FEP - Faculdade de Economia da Universidade do Porto
Other information
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.
Language:
English
Type (Professor's evaluation):
Scientific
Notes:
Disponível em http://cefup.fep.up.pt/uploads/WorkingPapers/2013_02_wp.pdf
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