THE ELUSIVE CURSE OF OIL

被引:391
作者
Alexeev, Michael [1 ]
Conrad, Robert [2 ,3 ]
机构
[1] Indiana Univ, Dept Econ, Bloomington, IN 47405 USA
[2] Duke Univ, Terry Sanford Inst Publ Policy, Durham, NC 27706 USA
[3] Duke Univ, Dept Econ, Durham, NC 27706 USA
关键词
NATURAL-RESOURCES; INSTITUTIONS;
D O I
10.1162/rest.91.3.586
中图分类号
F [经济];
学科分类号
02 ;
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.
引用
收藏
页码:586 / 598
页数:13
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