… other explanations of economic growth having to do with economic policy or geography (Sachs,
2003). In contrast, we argue that dependence on natural resources today affects current …

… For these studies, we consider the average marginal effect of natural resources on economic
growth and use the delta method to approximate the corresponding standard error. (In …

… the relationship between natural resource intensity and economic growth is nearly always …
natural resources is taken to influence some variable or mechanism "X" which impedes growth…

… between natural resources and economic growth, and stresses how natural capital tends to
… physical capital, thereby impeding economic growth across countries and presumably also …

… between natural resource abundance and economic growth, irrespective of the theories
employed. The variable employed in these studies to proxy for natural resource abundance is …

… regression should render the effect of primary production on growth … of natural resources
and a corresponding preponderance of primary production tend to inhibit economic growth by …

… are used at the beginning of the period, we also find an inverse relationship between natural
resource abundance and economic growth (see Gylfason, Herbertsson and Zoega, 1999). …

… In section 2, we review the literature on the analytical and empirical relations between
natural resource endowments and economic growth from a long run perspective. First, we …

… -resource-scarce economies. In this paper we show that economies with a high ratio of
natural resource exports to GDP in 1971 (the base year) tended to have low growth rates during …

… in the familiar growth models. The function of natural resources in economic growth is a …
which is mainly addressed within the framework of the “natural resources curse hypothesis”. …