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Resource Curse in Oil Economies: Evidence by Benedek Roland-Csaba is a document available to read on EtoBox.
This study examines the relationship between natural resource abundance and economic growth in Venezuela from 1971 to 2011, using ARDL bounds testing and VECM Granger causality methods. The findings indicate that while natural resource abundance impedes economic growth, factors such as financial development, capital stock, and trade openness can enhance growth. The research supports the resource curse hypothesis, highlighting that countries rich in natural resources often experience slower economic growth d
- Author
- Benedek Roland-Csaba
- Language
- EN