EconStor >
The University of Nottingham >
Centre for Research in Economic Development and International Trade (CREDIT), The University of Nottingham >
CREDIT Research Papers, The University of Nottingham >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/65422
  
Title:The Resource Curse and Fiscal Policy Volatility PDF Logo
Authors:Bleaney, Michael
Halland, Håvard
Issue Date:2009
Series/Report no.:CREDIT Research Paper 09/09
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.
Subjects:fiscal policy
growth
resource curse
JEL:H50
O40
Q33
Document Type:Working Paper
Appears in Collections:CREDIT Research Papers, The University of Nottingham

Files in This Item:
File Description SizeFormat
614246148.pdf126.12 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/65422

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.