Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/82511 
Year of Publication: 
2012
Series/Report no.: 
Working Paper No. 2012:17
Publisher: 
Uppsala University, Department of Economics, Uppsala
Abstract: 
Several recent papers suggest that the negative association between natural resource intensity and economic growth can be reversed if institutional quality is high enough. We try to understand this result in more detail by decomposing the resource measure, using alternative measures of both resources and institutions, and by studying different time periods. While an institutional reversal is present in many specifications, only ores and metals interacted with the ICRG measure of institutional quality consistently have a negative growth effect but a positive interaction that turns the curse around when institutions are good enough.
Subjects: 
Natural Resources
Minerals
Fuels
Resource Curse
Property Rights
Institutions
Economic Growth
Development
JEL: 
O40
O57
P16
O13
N50
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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