About this document
Resource Abundance and Economic Growth by Franco Calle is a document available to read on EtoBox.
This document analyzes the relationship between natural resource abundance and economic growth. It finds that economies with a high ratio of natural resource exports to GDP in 1970 tended to experience slower growth between 1970-1990, even after controlling for other factors. Several theories are discussed to explain this negative association, including that natural resource sectors provide fewer positive externalities than manufacturing, and that resource booms can cause "Dutch disease" effects that pull r
- Author
- Franco Calle
- Language
- EN