Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/56356
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dc.contributor.authorBoschini, Anne D.en_US
dc.contributor.authorPettersson, Janen_US
dc.contributor.authorRoine, Jesperen_US
dc.date.accessioned2012-03-28T13:11:07Z-
dc.date.available2012-03-28T13:11:07Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/56356-
dc.description.abstractThis paper shows that whether natural resources are good or bad for a country's development depends crucially on the interaction between institutional setting and the type of resources that the country possesses. Some natural resources are for economical and technical reasons more likely to cause problems such as rent-seeking and conflicts than others (termed technically appropriable resources). This potential problem can, however, be countered by good institutional quality (rendering these resources less institutionally appropriable). In contrast to the traditional resource curse hypothesis we show that the impact of natural resources on economic growth is non-monotonic in institutional quality. Mineral rich countries are cursed only if they have low quality institutions, while the curse is reversed if institutions are good enough. Using new data we find that this is even more stark for countries rich in diamonds and precious metals.en_US
dc.language.isoengen_US
dc.publisher|aEkonomiska Forskningsinst. |cStockholmen_US
dc.relation.ispartofseries|aSSE/EFI Working Paper Series in Economics and Finance |x534en_US
dc.subject.jelN50en_US
dc.subject.jelO13en_US
dc.subject.jelO40en_US
dc.subject.jelO57en_US
dc.subject.jelP16en_US
dc.subject.ddc330en_US
dc.subject.keywordnatural resourcesen_US
dc.subject.keywordappropriabilityen_US
dc.subject.keywordproperty rightsen_US
dc.subject.keywordinstitutionsen_US
dc.subject.keywordeconomic growthen_US
dc.subject.keyworddevelopmenten_US
dc.subject.stwNatürliche Ressourcenen_US
dc.subject.stwEigentumsrechten_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwEntwicklungen_US
dc.subject.stwInstitutionalismusen_US
dc.titleResource curse or not: A question of appropriabilityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn369890000en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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