Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/56356 
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dc.contributor.authorBoschini, Anne D.en
dc.contributor.authorPettersson, Janen
dc.contributor.authorRoine, Jesperen
dc.date.accessioned2012-03-28T13:11:07Z-
dc.date.available2012-03-28T13:11:07Z-
dc.date.issued2003-
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
dc.language.isoengen
dc.publisher|aStockholm School of Economics, The Economic Research Institute (EFI) |cStockholmen
dc.relation.ispartofseries|aSSE/EFI Working Paper Series in Economics and Finance |x534en
dc.subject.jelN50en
dc.subject.jelO13en
dc.subject.jelO40en
dc.subject.jelO57en
dc.subject.jelP16en
dc.subject.ddc330en
dc.subject.keywordnatural resourcesen
dc.subject.keywordappropriabilityen
dc.subject.keywordproperty rightsen
dc.subject.keywordinstitutionsen
dc.subject.keywordeconomic growthen
dc.subject.keyworddevelopmenten
dc.subject.stwNatürliche Ressourcenen
dc.subject.stwEigentumsrechten
dc.subject.stwWirtschaftswachstumen
dc.subject.stwEntwicklungen
dc.subject.stwInstitutionalismusen
dc.titleResource curse or not: A question of appropriability-
dc.typeWorking Paperen
dc.identifier.ppn369890000en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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