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Natural Resources and the Macroeconomy
Abstract
These contributions bring both theoretical models and case studies to bear on the consequences of natural resource discoveries in developed and developing countries. Whether it is natural gas in the Netherlands, oil in the UK, Norway, or Mexico, or minerals in Australia, these discoveries have been accused of causing several structural problems, which have been given the name ''Dutch Disease.'' Although a sizable literature dealing with various aspects of the Dutch Disease has now developed, this is the first attempt to confront theory with evidence.
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Citations
Cited by
The Political Economy of the Resource Curse
Ross, M. L. (1999) · World Politics · doi:10.1017/s0043887100008200 · Cited by 1,991
Tornell, A., & Lane, P. R. (1999) · American Economic Review · doi:10.1257/aer.89.1.22 · Cited by 1,448
Resource intensity, institutions, and development
Bulte, E. H., Damania, R., & Deacon, R. T. (2005) · World Development · doi:10.1016/j.worlddev.2005.04.004 · Cited by 788
Learning by doing and the Dutch disease
Torvik, R. (2001) · European Economic Review · doi:10.1016/s0014-2921(99)00071-9 · Cited by 529
From Prebendalism to Predation: the Political Economy of Decline in Nigeria
Lewis, P. (1996) · The Journal of Modern African Studies · doi:10.1017/s0022278x0005521x · Cited by 230
Metadata
- Authors
- Burgess, D., Neary, J. P., & Wijnbergen, S. V.
- Venue
- The Canadian Journal of Economics
- Publisher
- JSTOR
- Published
- 1987-11
- Volume
- 20
- Issue
- 4
- Pages
- 898
- ISSN
- 0008-4085 (ISSN-L)
- OpenAlex
- W2022350823
- Cited by
- 261
- References
- 0
- FWCI
- 19.97
- Type
- journal article
- Language
- en
- Open access
- closed
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How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
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- CoChat. (2026). Citation check: Natural Resources and the Macroeconomy. https://app.cochat.ai/papers/10.2307/135424
- The paper
- Burgess, D., Neary, J. P., & Wijnbergen, S. V. (1987). Natural Resources and the Macroeconomy. The Canadian Journal of Economics. https://doi.org/10.2307/135424
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
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.
