Evidence for a Presource Curse? : Oil Discoveries, Elevated Expectations, and Growth Disappointments

Evidence for a Presource Curse? : Oil Discoveries, Elevated Expectations, and Growth Disappointments

Oil discoveries can constitute a major positive and exogenous shock to economic activity, but the resource curse hypothesis would suggest they might also be detrimental to growth over the long run. This paper utilizes a new methodology for estimati...

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Bibliographic Details
Main Authors: Cust, James, Mihalyi, David
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
OIL REVENUE
RESOURCE CURSE
ECONOMIC GROWTH
FORECASTING
INSTITUTIONS
RESOURCE WINDFALL
Online Access:http://documents.worldbank.org/curated/en/517431499697641884/Evidence-for-a-presource-curse-oil-discoveries-elevated-expectations-and-growth-disappointments
http://hdl.handle.net/10986/27643

Internet

http://documents.worldbank.org/curated/en/517431499697641884/Evidence-for-a-presource-curse-oil-discoveries-elevated-expectations-and-growth-disappointments
http://hdl.handle.net/10986/27643

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