Guilló, María Dolores; Pérez-Sebastián, Fidel - Departamento de Métodos Cuantitativos y Teoría … - 2012
The traditional view that natural riches increase the wealth of nations has been recently challenged by empirical findings that point out that natural inputs are negatively related to growth. This paper shows, within a two-sector neo-classical growth model with international trade in goods, that...