The Impact of Natural Resources: Survey of Recent Quantitative Evidence

The cross-country empirical evidence for the natural resource curse is ample, but unfortunately fraught with econometric difficulties. A recent wave of studies on measuring the impact of natural resource windfalls on the economy exploits novel datasets such as giant oil discoveries to identify effec...

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Published inThe Journal of development studies Vol. 53; no. 2; pp. 205 - 216
Main Authors Van Der Ploeg, Frederick, Poelhekke, Steven
Format Journal Article
LanguageEnglish
Published Abingdon Routledge 01.02.2017
Taylor & Francis Ltd
Subjects
Econometrics
Impact analysis
Natural resources
Petroleum
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Abstract The cross-country empirical evidence for the natural resource curse is ample, but unfortunately fraught with econometric difficulties. A recent wave of studies on measuring the impact of natural resource windfalls on the economy exploits novel datasets such as giant oil discoveries to identify effects of windfalls, uses natural experiments and within-country econometric analysis, and estimates local impacts. These studies offer more hope in the search of quantitative evidence.
AbstractList The cross-country empirical evidence for the natural resource curse is ample, but unfortunately fraught with econometric difficulties. A recent wave of studies on measuring the impact of natural resource windfalls on the economy exploits novel datasets such as giant oil discoveries to identify effects of windfalls, uses natural experiments and within-country econometric analysis, and estimates local impacts. These studies offer more hope in the search of quantitative evidence.
The cross-country empirical evidence for the natural resource curse is ample, but unfortunately fraught with econometric difficulties. A recent wave of studies on measuring the impact of natural resource windfalls on the economy exploits novel datasets such as giant oil discoveries to identify effects of windfalls, uses natural experiments and within-country econometric analysis, and estimates local impacts. These studies offer more hope in the search of quantitative evidence. Reprinted by permission of Frank Cass & Co. Ltd.
Author Van Der Ploeg, Frederick
Poelhekke, Steven
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  givenname: Steven
  surname: Poelhekke
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  organization: Department of Spatial Economics, VU University Amsterdam
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Snippet The cross-country empirical evidence for the natural resource curse is ample, but unfortunately fraught with econometric difficulties. A recent wave of studies...
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SubjectTerms Econometrics
Impact analysis
Natural resources
Petroleum
Title The Impact of Natural Resources: Survey of Recent Quantitative Evidence
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