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(WP 2010-01) The Role of Primary Commodities in Economic Development: Sub-Saharan Africa versus Rest of the World
Economics Working Papers
  • Fabrizio Carmignani, University of Queensland
  • Abdur Chowdhury, Marquette University
Document Type
Working Paper
Publication Date
9-1-2010
Disciplines
Abstract

We study the nexus between natural resources and growth in Sub-Saharan Africa (SSA) and find that SSA is indeed special: resources dependence retards growth in SSA, but not elsewhere. The natural resources curse is thus specific to SSA. We then show that this specificity does not depend on the type of primary commodities on which SSA specializes. Instead, the SSA specificity appears to arise from the interaction between institutions and natural resources.

Citation Information
Fabrizio Carmignani and Abdur Chowdhury. "(WP 2010-01) The Role of Primary Commodities in Economic Development: Sub-Saharan Africa versus Rest of the World" (2010)
Available at: http://works.bepress.com/abdur_chowdhury/70/