Cavalcanti, T. V. D., Mohaddes, K. and Raissi, M.

Does oil abundance harm growth?

Applied Economics Letters

Vol. 18(12) pp. 1181-1184 (2011)

Abstract: This article explores whether natural resource abundance is a curse. Our results reveal that oil abundance has a positive effect on both long-run income levels and short-run economic growth.

Author links: Kamiar Mohaddes  Tiago Cavalcanti  

Publisher's Link: http://www.tandfonline.com/doi/full/10.1080/13504851.2010.528356#.UhyUmtKsiCc