Article
The Geographical Dimension of the Development Effects of Natural Resources
Environmental and Resource Economics
Document Type
Article
Language
eng
Format of Original
20 p.
Publication Date
8-1-2012
Publisher
Springer
Disciplines
Abstract
We study the contribution of natural resource intensity to long-term development along different dimensions: per-capita income, institutional quality, and education. We allow natural resources to affect these dimensions differently in different regions of the world. The evidence suggests that natural resources are generally a positive driver of development, but in Sub-Saharan Africa (SSA) their contribution is almost negligible, if not even negative. We explain these cross-regional differences with the fact that in SSA more than anywhere else large resource endowments are combined with a particularly bad disease environment. Some historical evidence and formal econometric results support this hypothesis.
Citation Information
Abdur Chowdhury and Fabrizio Carmignani. "The Geographical Dimension of the Development Effects of Natural Resources" Environmental and Resource Economics (2012) ISSN: 0924-646 Available at: http://works.bepress.com/abdur_chowdhury/17/
Accepted version.Environmental and Resource Economics, Vol. 52, No. 4 (August 2012):479-498. DOI: 10.1007/s10640-011-9539-x.
Link to version: working paper. © Springer 2012. Used with permission.
Shareable Link. Provided by the Springer Nature SharedIt content-sharing initiative.