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dc.contributor.authorPerälä, Maijuen
dc.date.accessioned2011-12-14T09:38:54Z-
dc.date.available2011-12-14T09:38:54Z-
dc.date.issued2003-
dc.identifier.isbn9291904570en
dc.identifier.urihttp://hdl.handle.net/10419/52765-
dc.description.abstractThis paper examines growth successes and failures across countries and notes the latter’s perplexing predominance among ex ante low-income economies. An explanation for this persistence of underdevelopment is proposed through an empirical investigation that brings forth evidence on the importance of natural resource endowment type on growth or, more appropriately, lack of it. The results show that, in the absence of social cohesion, the nature of natural resource abundance bears great significance as a natural resource endowment characterized by oil and/or mineral resources is more negatively correlated with growth than a resource endowment that is agricultural. The robustness of this result is tested across a number of growth regression specifications within the literature.en
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Discussion Paper |x2003/37en
dc.subject.jelO13en
dc.subject.jelO47en
dc.subject.jelO50en
dc.subject.ddc330en
dc.subject.keywordagricultural and natural resource economiesen
dc.subject.keyworddevelopmenten
dc.subject.keywordgrowthen
dc.subject.keywordnatural resourcesen
dc.subject.keywordunderdevelopmenten
dc.subject.keywordcross-country studiesen
dc.subject.stwUnterentwicklungen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwNatürliche Ressourcenen
dc.subject.stwWelten
dc.titlePersistence of underdevelopment: Does the type of natural resource endowment matter?-
dc.typeWorking Paperen
dc.identifier.ppn369087666en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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