Disaggregating the Resource Curse: Is the Curse More Difficult to Dispel in Oil States than in Mineral States?

Development in US States, Economic Freedom, and the "Resource Curse"

Can governments avoid the resource curse? TO: Workshop on Poorly Governed Resource-Dependent States FROM:

For some time, there was considerable debate over whether the resource curse existed at all. However, recent findings indicate that the resource curse is a very real problem that mainly affects states with weak institutions and poses important questions for US policymakers. Countries that depend on natural resources experience less growth, less democracy, and more war when they have weak instit...

After Peak Oil: Who Escapes the Resource Curse?*

Given the discovery of resource wealth, which factors account for future economic success and which factors hinder success? This case study compares two countries which discovered oil wealth in the late 1960s: Ecuador and Norway. The analysis gives the economic and political context and then compares three bodies of resource curse literature that relate to economic success. The study ultimately...

Coal Mining and the Resource Curse in the Eastern United States

We measure the effect of coal resource sector dependence on long run income growth using the natural experiment of coal mining in 409 U.S. counties that are selected for homogeneity. Using a panel data set (1970-2010), we find a one standard deviation increase in resource dependence is associated with an estimated 0.6 percentage point drop in annual growth rates of per capita personal income. W...

Revisiting the Oil Curse: Does Ownership Matter?

A large body of scholarship finds a negative relationship between oil abundance and economic growth. The existing empirical evidence on the oil curse, however, does not account for variations in the ownership of oil. This article investigates whether the effect of oil abundance on growth varies with ownership structures. It also investigates whether institutional quality influences the effect o...