In Search of the Missing Resource Curse

Show simple item record

collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Lederman, Daniel
dc.contributor.author
Maloney, William F.
dc.date.accessioned
2012-06-01T18:35:58Z
dc.date.available
2012-06-01T18:35:58Z
dc.date.issued
2008-11
dc.description.abstract
The debate over the curse of natural resources has haunted developing countries for decades if not centuries. A review of existing empirical evidence suggests that the curse remains elusive. The fragile negative effect of natural resources on economic growth might be due to international heterogeneity in the effects of natural resources on economic growth, to the use of weak indicators of natural resources that might be unrelated to relative natural-resource endowments, or to the inability of econometric analysis based on international data to capture historical processes. This paper defends an empirical proxy for relative abundance of natural resources, which is based on standard growth theory. In turn, various econometric estimations are hopelessly deployed in the search for the missing resource curse. Some evidence suggests that natural resources might have large positive effects whose true magnitude remains unknown due to unresolved econometric issues.
en
dc.identifier.uri
http://hdl.handle.net/10986/6901
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper; No. 4766
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ABSOLUTE VALUE
dc.subject
AGRICULTURE
dc.subject
ANNUAL GROWTH
dc.subject
ANNUAL GROWTH RATE
dc.subject
AVERAGE ANNUAL
dc.subject
AVERAGE GROWTH
dc.subject
AVERAGE SHARE
dc.subject
BLACK MARKET
dc.subject
BLACK MARKET PREMIUM
dc.subject
CAPITAL ACCUMULATION
dc.subject
CLASSICAL ECONOMICS
dc.subject
COMMODITY PRICES
dc.subject
COMPARATIVE ADVANTAGE
dc.subject
CONSTANT PRICES
dc.subject
CONSTANT RETURNS
dc.subject
CONSTANT RETURNS TO SCALE
dc.subject
CONTROL VARIABLES
dc.subject
COUNTRY CHARACTERISTICS
dc.subject
COUNTRY ECONOMETRIC EVIDENCE
dc.subject
CREDIBILITY
dc.subject
CROSS-COUNTRY DATA
dc.subject
CROSS-COUNTRY INCOME
dc.subject
DEBT
dc.subject
DECISION MAKING
dc.subject
DEPENDENT VARIABLE
dc.subject
DEPENDENT VARIABLES
dc.subject
DEPRECIATION
dc.subject
DESCRIPTIVE STATISTICS
dc.subject
DEVELOPING COUNTRIES
dc.subject
DEVELOPMENT ECONOMICS
dc.subject
DEVELOPMENT POLICY
dc.subject
DEVELOPMENT SUCCESSES
dc.subject
DOMESTIC MARKET
dc.subject
DOMESTIC PRICES
dc.subject
DOWNWARD BIAS
dc.subject
DRAG ON GROWTH
dc.subject
DUMMY VARIABLE
dc.subject
DUMMY VARIABLES
dc.subject
DUTCH DISEASE
dc.subject
DYNAMIC VERSION
dc.subject
ECONOMETRIC ANALYSES
dc.subject
ECONOMETRIC ANALYSIS
dc.subject
ECONOMETRIC ISSUES
dc.subject
ECONOMETRIC MODELS
dc.subject
ECONOMETRICS
dc.subject
ECONOMIC ACTIVITY
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC PERFORMANCE
dc.subject
ECONOMIC REFORM
dc.subject
ECONOMIC RENTS
dc.subject
ECONOMIC RESEARCH
dc.subject
ECONOMIC REVIEW
dc.subject
ECONOMIC STUDIES
dc.subject
ECONOMICS RESEARCH
dc.subject
ECONOMIES OF SCALE
dc.subject
ELASTICITY
dc.subject
EMPIRICAL EVIDENCE
dc.subject
EMPIRICAL GROWTH LITERATURE
dc.subject
EMPIRICAL GROWTH MODEL
dc.subject
EMPIRICAL LITERATURE
dc.subject
EMPIRICAL MODELS
dc.subject
EMPIRICAL WORK
dc.subject
ENDOGENOUS GROWTH
dc.subject
ENDOGENOUS VARIABLE
dc.subject
EQUILIBRIUM
dc.subject
EXCESS DEMAND
dc.subject
EXCHANGE RATES
dc.subject
EXPLANATORY VARIABLE
dc.subject
EXPLANATORY VARIABLES
dc.subject
EXPORTER
dc.subject
EXPORTERS
dc.subject
EXPORTS
dc.subject
EXTERNALITY
dc.subject
FACTOR ENDOWMENTS
dc.subject
FINANCIAL MARKETS
dc.subject
FISCAL POLICIES
dc.subject
FIXED EFFECTS
dc.subject
FOREIGN AID
dc.subject
FOREIGN DEBT
dc.subject
FUNDAMENTAL DETERMINANTS
dc.subject
FUTURE RESEARCH
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GOLD
dc.subject
GROWTH CONTEXT
dc.subject
GROWTH DATA
dc.subject
GROWTH EMPIRICS
dc.subject
GROWTH EQUATION
dc.subject
GROWTH IMPACT
dc.subject
GROWTH LITERATURE
dc.subject
GROWTH MODEL
dc.subject
GROWTH MODELS
dc.subject
GROWTH PERFORMANCE
dc.subject
GROWTH POTENTIAL
dc.subject
GROWTH RATE
dc.subject
GROWTH RATES
dc.subject
GROWTH REGRESSIONS
dc.subject
GROWTH THEORY
dc.subject
HIGH GROWTH
dc.subject
HIGH-INCOME COUNTRIES
dc.subject
HUMAN CAPITAL
dc.subject
IMPORT
dc.subject
IMPORT TARIFFS
dc.subject
IMPORTS
dc.subject
INCOME DIFFERENCES
dc.subject
INCOME GROWTH
dc.subject
INDUSTRIALIZATION
dc.subject
INSTITUTIONAL CONSTRAINTS
dc.subject
INSTRUMENTAL VARIABLE
dc.subject
INTERNATIONAL FINANCIAL STATISTICS
dc.subject
INVESTMENT RATE
dc.subject
KNOWLEDGE ECONOMY
dc.subject
LABOR FORCE
dc.subject
LABOR MARKET
dc.subject
LABOR PRODUCTIVITY
dc.subject
LAGGED DEPENDENT
dc.subject
LANDLOCKED COUNTRIES
dc.subject
LDCS
dc.subject
LEVELS OF EXPORT
dc.subject
LOCAL CURRENCY
dc.subject
LONG-TERM GROWTH
dc.subject
LOW-INCOME COUNTRIES
dc.subject
MACRO VOLATILITY
dc.subject
MACROECONOMIC POLICIES
dc.subject
MACROECONOMIC POLICY
dc.subject
MARGINAL PRODUCTIVITY
dc.subject
MONETARY ECONOMICS
dc.subject
MONOPOLIES
dc.subject
MONOPOLY
dc.subject
MONOPOLY RENTS
dc.subject
NATIONAL INCOME
dc.subject
NATURAL LOG
dc.subject
NATURAL LOGARITHM
dc.subject
NATURAL RESOURCE
dc.subject
NATURAL RESOURCE ABUNDANCE
dc.subject
NATURAL RESOURCES
dc.subject
NEGATIVE CORRELATION
dc.subject
NEGATIVE EFFECT
dc.subject
NEGATIVE GROWTH
dc.subject
NEGATIVE IMPACT
dc.subject
NEGATIVE RELATIONSHIP
dc.subject
NEGATIVE SIGN
dc.subject
NEOCLASSICAL GROWTH
dc.subject
NEOCLASSICAL GROWTH MODEL
dc.subject
NEOCLASSICAL GROWTH THEORY
dc.subject
NET EFFECT
dc.subject
NET EXPORTS
dc.subject
0 HYPOTHESIS
dc.subject
OBSERVED GROWTH
dc.subject
OPTIMIZATION
dc.subject
PER CAPITA GROWTH
dc.subject
PER CAPITA INCOME
dc.subject
POLICY REFORM
dc.subject
POLICY RESEARCH
dc.subject
POLICY REVIEW
dc.subject
POLITICAL ECONOMY
dc.subject
POLITICAL ECONOMY CHANNEL
dc.subject
POLITICAL INSTITUTIONS
dc.subject
POLITICAL STABILITY
dc.subject
POSITIVE CORRELATION
dc.subject
POSITIVE EFFECT
dc.subject
POSITIVE EFFECTS
dc.subject
POSITIVE GROWTH
dc.subject
POSITIVE RELATIONSHIP
dc.subject
POSITIVE SPILLOVER
dc.subject
POSITIVE SPILLOVER EFFECTS
dc.subject
POWER PARITY
dc.subject
PRIVATE INVESTMENT
dc.subject
PRIVATE SECTOR
dc.subject
PRODUCTION FUNCTION
dc.subject
PRODUCTION FUNCTIONS
dc.subject
PRODUCTIVITY
dc.subject
PRODUCTIVITY GROWTH
dc.subject
PROPERTY RIGHTS
dc.subject
PROTECTIONISM
dc.subject
PUBLIC ENTERPRISES
dc.subject
PUBLIC POLICIES
dc.subject
PURCHASING POWER
dc.subject
PURCHASING POWER PARITY
dc.subject
QUANTILE REGRESSIONS
dc.subject
RANDOM WALK
dc.subject
RE-EXPORTS
dc.subject
REAL EFFECTIVE EXCHANGE RATE
dc.subject
REAL EXCHANGE RATE
dc.subject
REAL GDP
dc.subject
REAL GROWTH
dc.subject
REGIONAL DUMMIES
dc.subject
REGIONAL GROWTH
dc.subject
REGRESSION RESULTS
dc.subject
RELATIVE PRICES
dc.subject
RENT SEEKING
dc.subject
RESOURCE ENDOWMENTS
dc.subject
SENSITIVITY ANALYSIS
dc.subject
STANDARD DEVIATION
dc.subject
STATISTICAL ANALYSIS
dc.subject
TARIFF BARRIERS
dc.subject
TOTAL EXPORTS
dc.subject
TOTAL FACTOR PRODUCTIVITY
dc.subject
TOTAL FACTOR PRODUCTIVITY GROWTH
dc.subject
TRADE DATA
dc.subject
TRADE MOVEMENTS
dc.subject
TRADE PATTERNS
dc.subject
TRADE POLICY
dc.subject
TRADE REGIMES
dc.subject
TRADE RESTRICTIONS
dc.subject
UNCERTAINTY
dc.subject
WEALTH
dc.subject
WORLD DEVELOPMENT INDICATORS
dc.title
In Search of the Missing Resource Curse
en
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2008/11/9993216/search-missing-resource-curse
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Poverty
okr.globalpractice
Finance and Markets
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-4766
okr.identifier.externaldocumentum
000158349_20081104085814
okr.identifier.internaldocumentum
9993216
okr.identifier.report
WPS4766
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/11/04/000158349_20081104085814/Rendered/PDF/WPS4766.pdf
en
okr.sector
Industry and trade :: General industry and trade sector
okr.theme
Trade and integration :: Other trade and integration
okr.topic
Finance and Financial Sector Development :: Currencies and Exchange Rates
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.topic
Economic Theory and Research
okr.topic
Poverty Reduction :: Inequality
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.unit
Development Research Group (DECRG)
okr.volume
1 of 1

Show simple item record



This item appears in the following Collection(s)