Can the Natural Resource Curse Be Turned Into a Blessing? : The Role of Trade Policies and Institutions /

We criticize existing empirical results on the detrimental effects of natural resource dependence on the rate of economic growth after controlling for institutional quality, openness, and initial income. These results do not survive once we use instrumental variables techniques to correct for the en...

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Bibliographic Details
Main Author: Arezki, Rabah
Other Authors: Ploeg, Frederik van der
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/055
Online Access:Full text available on IMF