Cited by 634Natural Resources and Economic DevelopmentCulture, Economy, and Development StudiesEconomic Growth and Development

The DOI matches its Crossref record; 187 of the 187 references it cites were found in a registry or an index; 12 of the 66 sources its claims cite were checked for support.

Using Natural Resources for Development: Why Has It Proven So Difficult?

Open access
Venables, Anthony J.·2016·Journal of Economic Perspectives

Abstract

Developing economies have found it hard to use natural resource wealth to improve their economic performance.

Overview

Integrity signals

Registry

Crossref · 10.1257/jep.30.1.161

Cites

187 of 187 references verified0 citation errors · 0 not checkable

Statistics

Nothing to recompute.

Verification

Claims the paper makes

12 of 66 cited sources checked · 4 supported · 0 flagged · accuracy not yet measured

Show all 48 claims

  • It may state two separate claims as one. 48
  • Probably not a substantial claim. 12
56 of 56
  • The paper relies on this without support.

    Resource exports can appreciate the exchange rate and damage other tradable sectors of the economy (Dutch disease).

    “But even if revenues are effectively utilized, resource exports can appreciate the exchange rate and prove damaging to other tradable sectors of the economy-the so-called “Dutch disease” effect.”
  • The paper relies on this without support.

    Subsoil assets are property of the state in almost all countries except the United States.

    “Subsoil assets are property of the state in almost all countries except the United States.”
  • The paper relies on this without support.

    Many resource-rich economies have weak governance that can be further undermined by political forces unleashed by the prospect of resource wealth.

    “Yet many resource-rich economies have weak governance that can be further undermined by the political forces that are unleashed with the prospect of resource wealth.”
  • The paper relies on this without support.

    The private sector creates sustainable jobs and economic growth.

    “Ultimately, it is the private sector that will create the sustainable jobs and economic growth, so resource management has to be done in a manner that will support private sector investments.”
  • The paper relies on this without support.

    Resource revenues are risky, volatile, and time-limited.

    “One is the technical difficulty of handling resource revenues that are risky, volatile, and time-limited.”
  • The paper relies on this without support.

    At least some fraction of public sector saving is perceived by the private sector as ultimately accruing to it.

    “At least some fraction of public sector saving will be perceived to ultimately accrue to the private sector-for example, leading to expectations of lower future taxes or higher pensions-which can lead to changes in private sector behavior that may undermine government policy.”
6 of 6

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

Each contradiction between two passages listed here was confirmed by an independent check.

  • Conflicting averaging periods in Table 1

    Minor

    Table 1 labels its fiscal-revenue figures as averaged over 2006-1000, while its export figures and the figure covering both measures use 2006-2010. The fiscal-revenue period is inconsistent with those labels.

1 of 1

Citations

Cites

Flagged first, then by citations

Research works printed but not linked: 2

  1. Goldberg Shelley, 2015, Wall Street Daily, 1
  2. Sutton John, 2014, The Seventh Gilman Rutihinda Memorial Lecture, Delivered at the Bank of Tanzania, 10, 2014

Cited by

Sorted by citations

See all 634

Metadata

Authors
Venables, A. J.
Affiliations
University of Oxford (GB)
Corresponding author
Venables, Anthony J.
Venue
Journal of Economic Perspectives
Published
2016-02-01
Volume
30
Issue
1
Pages
161-184
ISSN
0895-3309 (ISSN-L)
OpenAlex
W2267106946
Cited by
634
References
65
Citations by year
2026: 58 · 2025: 64 · 2024: 61 · 2023: 98 · 2022: 63 · 2021: 65 · 2020: 58 · 2019: 67 · 2018: 41 · 2017: 35 · 2016: 18
FWCI
136.81
Type
journal article
Language
en
Open access
Locations
  • The Journal of Economic Perspectives (publishedVersion)
  • SSRN Electronic Journal (submittedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Natural Resources and Economic Development
  • Social Sciences › Development › Culture, Economy, and Development Studies
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Development
Keywords
natural resource wealth, resource curse, developing countries, resource endowment, fiscal system, revenue management, government spending, investment decision-making, economic performance, Botswana, Malaysia

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Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

A language model drew the claims from the paper on 2026-09-30, under version 3 of the claim definition (model deepseek-v4.1-flash, prompt extract-v3).

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Cited sources are checked with a language model’s help (gpt-6-sol).

Statistics and arithmetic are recomputed, not judged.

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