The Geographical Dimension of the Development Effects of Natural Resources
Author(s)
Carmignani, Fabrizio
Chowdhury, Abdur
Griffith University Author(s)
Year published
2012
Metadata
Show full item recordAbstract
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. ...
View more >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.
View less >
View more >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.
View less >
Journal Title
Environmenal and Resource Economics
Volume
52
Issue
4
Subject
Applied economics
Environment and resource economics
Cross-sectional analysis
Other economics