Sarmidi, Tamat; Siong Hook, Law; Jafari, Yaghoob - Volkswirtschaftliche Fakultät, … - 2012
This paper attempts to provide a probable answer to a longstanding resource curse puzzle; i.e., why resource-rich nations grow at a slower rate compared to less fortunate ones. Using an innovative threshold estimation technique, the empirical results reveal that there is a threshold effect in the...