The Curse of Natural Resources

Wick, A.K.; Bulte, Erwin

doi:10.1146/annurev.resource.050708.144219

Cited by 60 publications

(28 citation statements)

References 56 publications

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“…Yet recent literature has also shown that there are channels through which natural resources may have positive effects for development (Lederman and Maloney, 2008;Wick and Bulte, 2009). That is, natural resource wealth has the potential to adversely affect development outcomes.…”

Section: Resource Rent Taxation In Practicementioning

confidence: 99%

Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents

et al. 2015

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ABSTRACT. It is often argued that, ethically, resource rents should accrue to all citizens. Yet, in reality, the rents from exploiting national resources are often concentrated in the hands of a few. If resource rents were to be taxed, on the other hand, substantial amounts of public money could be raised and used to cover the population's infrastructure needs, such as access to electricity, water, sanitation, communication technology and roads, which all play important roles in a nation's economic development process. Here, the authors examine to what extent existing resource rents could be used to provide universal access to these infrastructures.

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Section: Resource Rent Taxation In Practicementioning

confidence: 99%

Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents

et al. 2015

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“…There is a growing body of literature on this paradox of plenty, recently surveyed by Boyce and Emery [3]. However, the explicit consideration of various effects of an energy production on an economic growth OPEN ACCESS has lead to more ambiguous results [4,5]. So far the paradoxical growth rates and conditions of energy rich countries, has been still one of the issues challenging scholars in the energy economics area [6,7].…”

Section: Introductionmentioning

confidence: 99%

Energy Production and Regional Economic Growth in China: A More Comprehensive Analysis Using a Panel Model

Liu

2013

Energies

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China has witnessed a fast economic growth in the recent two decades. However, the heavy energy exploitation seems to show a negative relation to regional economic growth. Thus, the issue is whether the energy production is a curse or blessing for the regional economic growth in China. The present study deploys a comprehensive approach to rigorously prove the validity of a proposed panel data model that includes a second generation panel unit root test and panel cointegration and a spatial panel model. The results from the second generation panel unit root test and panel cointegration allowing for cross-sectional dependences show the differenced series are stationary and there exists a cointegration relationship among these variables for all sub-regions. The results from the spatial panel data model support the conjecture of the spatial dependent and show that there is a "resource curse" only for the Western region and Central region in China.

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“…), receiving natural resources income (rent), it is coded with 1, and otherwise with 0. According to newly established wisdom, "oil rent" is a mixed blessing, causing military conflicts, "Dutch disease" or the establishment and survival of authoritarian regimes (Colgan 2013;Luong and Weinthal 2006;Ploeg and Venables 2012;Ross 2015;Wick and Bulte 2009). However, the same authors emphasize that this is not an unavoidable outcome, but depends on other interacting conditions.…”

Section: Explanatory Conditions and Some Findingsmentioning

confidence: 99%

Catching Up And Falling Behind: Four Puzzles After Two Decades Of Post-Communist Transformation

Norkus

2015

CER

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After more than two decades since the exit from Communism, no former communist country has been completely successful in catching up with the technological frontier countries. However, they divide into two groups: those which decreased the GDP gap with frontier countries since 1989-1990, and those which failed to do so. One may ask: What were the decisive causal conditions for their progress or failure in convergence? Were they the early implementation of Washington consensus style market reforms; their neighbourhood with advanced affluent countries; peaceful transition; accession to the EU; endowment with natural resources; state sovereignty before postcommunism; or interactions between these factors (or others)? Because of the small N, statistical analysis is not an appropriate tool for testing these hypotheses. Hence this paper uses qualitative comparative analysis to identify four explanatory puzzles of the catching-up growth performance of the postcommunist countries.

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The Curse of Natural Resources

Cited by 60 publications

References 56 publications

Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents

Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents

Energy Production and Regional Economic Growth in China: A More Comprehensive Analysis Using a Panel Model

Catching Up And Falling Behind: Four Puzzles After Two Decades Of Post-Communist Transformation

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