@techreport{Bleaney2009Resource,
abstract = {Using data from 1980 to 2004, we show that greater fiscal policy volatility acts as a transmission mechanism for the resource curse. Resource exports dominate political and institutional variables as determinants of fiscal policy volatility, with fiscal policy volatility being a significant determinant of growth. The existence of a resource curse is confirmed, in the sense that a higher ratio of natural resource exports to total merchandise exports is associated with significantly slower per capita GDP growth. There are no statistically significant differences between the effects of point-source and diffuse resource exports.},
address = {Nottingham},
author = {Michael Bleaney and H\aa{}vard Halland},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {H50; O40; Q33; 330; fiscal policy; growth; resource curse; Nat\"{u}rliche Ressourcen; Export; Finanzpolitik; Volatilit\"{a}t; Wirtschaftswachstum; Welt},
language = {eng},
number = {09/09},
publisher = {Centre for Research in Economic Development and International Trade, Univ. of Nottingham},
title = {The Resource Curse and Fiscal Policy Volatility},
type = {CREDIT Research Paper},
url = {http://hdl.handle.net/10419/65422},
year = {2009}
}
