Since oil was discovered in Nigeria back in 1956, the manufacture and dependence of oil has been a subject of uncertainty for years. It is generally believed that nations with bountiful natural resources should thrive and be one of the nations at the top but it has been realized that such has...

This paper draws on a new state-level panel dataset and a model of domestic Dutch disease to examine the short-run and long-run effects of oil & natural gas, coal, and agricultural land endowments on state economies during 1936-2015. Using a flexible shift-share estimation approach, where the...

This paper draws on a new state-level panel dataset and a model of domestic Dutch disease to examine the short-run and long-run effects of oil & natural gas, coal, and agricultural land endowments on state economies during 1936-2015. Using a flexible shift-share estimation approach, where the...