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This paper evaluates the impact of major natural resource discoveries since 1950 on GDP per capita and other economic and social indicators. Using panel fixed-effects estimation ad resource discoveries in countries that were not previously resource-rich, I find a positive effect on GDP per...
Persistent link: https://www.econbiz.de/10010318847
The problem of the relevance of human and natural capital, as well as the potential adverse effect of natural capital on economic growth, has gained increased attention in development economics. The aim of this paper is to assess, theoretically and empirically, the relevance of several forms of...
Persistent link: https://www.econbiz.de/10011613294
This paper examines the impact of oil on economic growth in transition economies of the former Soviet Union (FSU) and … Central and Eastern Europe (CEE). We use oil production and reserves data in a series of panel estimations to show that oil … has had strong and robust positive growth effects between 1990-2006. This is confirmed when we consider the different oil …
Persistent link: https://www.econbiz.de/10008732398
control analysis, yielding results consistent the fixed-effects model. -- resource curse ; oil ; economic growth …
Persistent link: https://www.econbiz.de/10009743034
This paper examines the impact of oil on economic growth in transition economies of the former Soviet Union (FSU) and … Central and Eastern Europe (CEE). We use oil production and reserves data in a series of panel estimations to show that oil … has had strong and robust positive growth effects between 1990-2006. This is confirmed when we consider the different oil …
Persistent link: https://www.econbiz.de/10011753172
We study the spatial distribution of the effect of oil and gas revenues on Brazilian municipalities, using variations … in the international prices of oil and gas to establish causality. Oil and gas revenues increase economic activity …, measured by night-time light emissions, in oil-producing municipalities but impose negative spill-overs on neighbouring …
Persistent link: https://www.econbiz.de/10012436252
This paper examines the impact of oil on economic growth in transition economies of the former Soviet Union (FSU) and … Central and Eastern Europe (CEE). We use oil production and reserves data in a series of panel estimations to show that oil … has had strong and robust positive growth effects between 1990-2006. This is confirmed when we consider the different oil …
Persistent link: https://www.econbiz.de/10005052206
This paper examines the impact of oil on economic growth in transition economies of the former Soviet Union and Central … and Eastern Europe. I use oil production and reserves data in a series of panel estimations to show that oil has had … effects are confirmed when I consider di®erent oil ownership structures. Oil has however had a negative e®ect on human capital …
Persistent link: https://www.econbiz.de/10008670358
Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development - particularly in the developing world. Yet while a large national income can result from resource wealth, it can also be associated with acute social inequality and deep...
Persistent link: https://www.econbiz.de/10011983951
Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development - particularly in the developing world. Yet while a large national income can result from resource wealth, it can also be associated with acute social inequality and deep...
Persistent link: https://www.econbiz.de/10012146498