The DOI matches its Crossref record; 8 of the 8 references it cites were found in a registry or an index.
Resource Curse or Not: A Question of Appropriability*
Open accessAbstract
Whether natural resources are good or bad for a country's development are shown to depend on the interaction between institutional setting and, crucially, the types of resources possessed by the country. Some natural resources are, for economical and technical reasons, more likely to cause problems such as rent‐seeking and conflicts than others. This potential problem can, however, be countered by good institutional quality. In contrast to the traditional resource curse hypothesis, we show the impact of natural resources on economic growth to be non‐monotonic in institutional quality, and increasingly so for certain types of resources. In particular, countries rich in minerals are cursed only if they have low‐quality institutions, while the curse is reversed if institutions are sufficiently good. Furthermore, if countries are rich in diamonds and precious metals, these effects—both positive and negative—are larger.
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Cites
The colonial origins of comparative development: An empirical investigation
Acemoglu, D., Johnson, S., & Robinson, J. A. (2001) · American Economic Review · doi:10.1257/aer.91.5.1369 · Cited by 8,517
La Porta, R. (1999) · Journal of Law, Economics, and Organization · doi:10.1093/jleo/15.1.222 · Cited by 5,699
Booming Sector and De-Industrialisation in a Small Open Economy
Corden, W. M., & Neary, J. P. (1982) · The Economic Journal · doi:10.2307/2232670 · Cited by 3,298
Institutions and the Resource Curse
Mehlum, H., Moene, K., & Torvik, R. (2006) · The Economic Journal · doi:10.1111/j.1468-0297.2006.01045.x · Cited by 2,864
Economic Shocks and Civil Conflict: An Instrumental Variables Approach
Miguel, E., Satyanath, S., & Sergenti, E. (2004) · Journal of Political Economy · doi:10.1086/421174 · Cited by 2,460 · cited 1×
“9 This idea echoes Rodrik (1999), that stresses the role of institutions in conflict management.”
Where did all the growth go? external shocks, social conflict, and growth collapses
Rodrik, D. (1999) · Journal of Economic Growth · doi:10.1023/a:1009863208706 · Cited by 1,869
Tornell, A., & Lane, P. R. (1999) · American Economic Review · doi:10.1257/aer.89.1.22 · Cited by 1,448
Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth
Leite, C., & Weidmann, J. (1999) · IMF Working Papers · doi:10.5089/9781451850734.001 · Cited by 604
Cited by
Institutions and the Resource Curse
Mehlum, H., Moene, K., & Torvik, R. (2006) · The Economic Journal · doi:10.1111/j.1468-0297.2006.01045.x · Cited by 2,864
What Have We Learned about the Resource Curse?
Ross, M. L. (2015) · Annual Review of Political Science · doi:10.1146/annurev-polisci-052213-040359 · Cited by 1,146
The resource curse revisited and revised: A tale of paradoxes and red herrings
Brunnschweiler, C. N., & Bulte, E. H. (2008) · Journal of Environmental Economics and Management · doi:10.1016/j.jeem.2007.08.004 · Cited by 1,121
Cursing the Blessings? Natural Resource Abundance, Institutions, and Economic Growth
Brunnschweiler, C. N. (2008) · World Development · doi:10.1016/j.worlddev.2007.03.004 · Cited by 710
Democracy, foreign direct investment and natural resources
Asiedu, E., & Lien, D. (2011) · Journal of International Economics · doi:10.1016/j.jinteco.2010.12.001 · Cited by 627
Metadata
- Authors
- Boschini, A. D., Pettersson, J., & Roine, J.
- Venue
- The Scandinavian Journal of Economics
- Publisher
- Wiley
- Published
- 2007-09
- Volume
- 109
- Issue
- 3
- Pages
- 593-617
- ISSN
- 0347-0520 (ISSN-L)
- 1467-9442
- OpenAlex
- W2106575319
- Cited by
- 716
- References
- 8
- FWCI
- 48.69
- Type
- journal article
- Language
- en
- Open access
- bronze
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
