Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/171551
Authors: 
Brunnschweiler, Christa N.
Year of Publication: 
2009
Series/Report no.: 
Economics Working Paper Series 09/108
Abstract: 
This paper examines the impact of oil on economic growth in transition economies of the former Soviet Union (FSU) and Central and Eastern Europe (CEE). We use oil production and reserves data in a series of panel estimations to show that oil has had strong and robust positive growth effects between 1990-2006. This is confirmed when we consider the different oil ownership structures. Additionally, we find that privatization levels have had positive growth effects, while privatization speed has had negative effects on growth.
Subjects: 
oil
resource curse
economic growth
transition countries
oil ownership
JEL: 
Q32
O40
O13
P28
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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