Assessing the Effects of Natural Resources on Long-Term Growth : An Extension of the World Bank Long Term Growth Model

Assessing the Effects of Natural Resources on Long-Term Growth : An Extension of the World Bank Long Term Growth Model

This paper extends the World Bank's Long-Term Growth Model (LTGM) with the addition of a natural resource sector to analyze how long-run growth evolves in resource-rich countries and the growth impacts of price shocks and resource discoveries....

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Bibliographic Details
Main Authors: Loayza, Norman V., Galego Mendes, Arthur, Mendez Ramos, Fabian, Pennings, Steven Michael
Format: Working Paper
Language:English
Published: Washington, DC: World Bank 2022
Subjects:
COMMODITY PRICE FLUCTUATION
OIL SECTOR
DEVELOPMENT RESEARCH GROUP
FORCE PARTICIPATION RATE
COMPOSITION OF GOVERNMENT EXPENDITURE
OIL RESERVE
Online Access:http://documents.worldbank.org/curated/en/584811647268984881/Assessing-the-Effects-of-Natural-Resources-on-Long-Term-Growth-An-Extension-of-the-World-Bank-Long-Term-Growth-Model
http://hdl.handle.net/10986/37162

Internet

http://documents.worldbank.org/curated/en/584811647268984881/Assessing-the-Effects-of-Natural-Resources-on-Long-Term-Growth-An-Extension-of-the-World-Bank-Long-Term-Growth-Model
http://hdl.handle.net/10986/37162

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