THE ELUSIVE CURSE OF OIL

• 成果类型: Article
• 署名作者: Alexeev, Michael; Conrad, Robert
• 署名单位: Indiana University System; Indiana University Bloomington; Duke University; Duke University
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest.91.3.586
• 发表日期: 2009-08
• 页码: 586-598
• 关键词: NATURAL-RESOURCES; institutions

摘要

Our goal is to show that contrary to the claims made in several recent papers, the effect of a large endowment of oil and other mineral resources on long-term economic growth of countries has been on balance positive. Moreover, the claims of a negative effect of oil and mineral wealth on the countries' institutions are called into question.