A mixed blessing: Natural resources and economic growth

Macroeconomic Dynamics

Volumn 3, Issue 2, 1999, Pages 204-225

  Gylfason, Thorvaldur ^a,b   Herbertsson, Tryggvi Thor ^a   Zoega, Gylfi ^c  

^a UNIVERSITY OF ICELAND   (Iceland)

^b SNS   (Sweden)

^c UNIVERSITY OF LONDON   (United Kingdom)

Author keywords

Dutch disease; Economic growth; Learning by doing; Natural resources

Indexed keywords

EID: 0033425990     PISSN: 13651005     EISSN: None     Source Type: Journal    
DOI: 10.1017/s1365100599011049     Document Type: Article

References (21)

1. Alesina, A., S. Özler, N. Roubini & P. Swagler (1996) Political stability and economic growth. Journal of Economic Growth 1, 189-211.
2. Barro, R. J. (1991) Economic growth in a cross section of countries. Quarterly Journal of Economics 106, 407-443.
3. Barro, RJ. & J.W. Lee (1993) International comparisons of educational attainment. Journal of Monetary Economics 32, 363-394.
4. Barro, R. & X. Sala-i-Martin (1995) Economic Growth. New York: McGraw-Hill.
5. Corden, W. M. (1984) Booming sector and Dutch disease economics: Survey and consolidation. Oxford Economic Papers 36, 359-380.
6. Dixit, A.K. & R.S. Pindyck (1994) Investment under Uncertainty. Princeton, NJ: Princeton University Press.
7. Gylfason, T. & T.T. Herbertsson (1996) Does Inflation Matter for Growth? CEPR discussion paper 1503.
8. Gylfason, T. (1999) Exports, Inflation, and Growth. World Development 27, 1033-1059.
9. Huber, P.J. (1973) Robust regression: Asymptotics, conjectures and Monte Carlo. Annals of Statistics 1, 799-821.
10. Levine, R. & D. Renelt (1992) A sensitivity analysis of cross-country growth regressions. American Economic Review 82, 942-963.
11. Lewis, W.A. (1955) The Theory of Economic Growth. London: George Allen and Unwin.
12. Lewis, W.A. (1968) Some Aspects of Economic Development. Accra and Tema: Ghana Publishing Corp.
13. Lucas, R.E. (1988) On the mechanics of economic development. Journal of Monetary Economics 22, 3-42.
14. Mankiw, N.G., D. Romer & D.N. Weil (1992) A contribution to the empirics of economic growth. Quarterly Journal of Economics 107, 407-437.
15. Merton, R. (1975) An asymptotic theory of growth under uncertainty. Review of Economic Studies 42, 375-393.
16. Nelson, R. & E.S. Phelps (1966) Investment in humans, technological diffusion, and economic growth. American Economic Review 56, 69-75.
17. Nerlove, M. (1996) Growth Rate Convergence, Fact or Artifact? An Essay in Panel Data Econometrics. Manuscript, University of Maryland.
18. Prais, S.J. (1995) Productivity, Education and Training: An International Perspective Occasional paper XLVIII. National Institute of Economic and Social Research.
19. Romer, P.M. (1986) Increasing returns and long-run growth. Journal of Political Economy 94, 1002-1037.
20. Romer, P.M. (1990) Endogenous technological change. Journal of Political Economy 98, 5, S71-S102.
21. Sachs, J.D. & A.M. Warner (1995) Natural Resource Abundance and Economic Growth. NBER Working paper 5398.