Resource curse or debt overhangs?

has been widely believed that resource abundant economies grow less that other economies. In a very influential paper, Sachs and Warner (1997), point out that there is a negative relationship between resource abundance and growth. Two important econometric problems are present in the traditional emp...

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Tác giả chính: Manzano, Osmel (author)
Tác giả khác: Rigobon, Roberto (author)
Định dạng: article
Được phát hành: 2001
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Truy cập trực tuyến:http://repositorio.bce.ec/handle/32000/1711
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author Manzano, Osmel
author2 Rigobon, Roberto
author2_role author
author_facet Manzano, Osmel
Rigobon, Roberto
author_role author
collection Repositorio Banco Central del Ecuador
dc.creator.none.fl_str_mv Manzano, Osmel
Rigobon, Roberto
dc.date.none.fl_str_mv 2001-07
2015-08-24T13:53:23Z
2015-08-24T13:53:23Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://repositorio.bce.ec/handle/32000/1711
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv Quito: Banco Central del Ecuador, 2001
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
dc.source.none.fl_str_mv reponame:Repositorio Banco Central del Ecuador
instname:Banco Central del Ecuador
instacron:BCE
dc.subject.none.fl_str_mv DEUDA PENDIENTE
ECONOMÍA
EXPORTACIONES
RECURSO NATURAL
dc.title.none.fl_str_mv Resource curse or debt overhangs?
dc.type.none.fl_str_mv info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description has been widely believed that resource abundant economies grow less that other economies. In a very influential paper, Sachs and Warner (1997), point out that there is a negative relationship between resource abundance and growth. Two important econometric problems are present in the traditional empirical literature: First, the result might depend on factors that are correlated with primary exports but that have been excluded from the regression. Second, total GDP includes the production in the resource sector that has been declining in the last 30 years. We correct for those issues. Our results indicate that the so called “Natural Resource Curse” might be related to a debt overhang….
eu_rights_str_mv openAccess
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id BCE_dd10fea293e64a2d0cd0b70b41824f80
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instname_str Banco Central del Ecuador
language_invalid_str_mv en
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network_name_str Repositorio Banco Central del Ecuador
oai_identifier_str oai:repositorio.bce.ec:32000/1711
publishDate 2001
publisher.none.fl_str_mv Quito: Banco Central del Ecuador, 2001
reponame_str Repositorio Banco Central del Ecuador
repository.mail.fl_str_mv .
repository.name.fl_str_mv Repositorio Banco Central del Ecuador - Banco Central del Ecuador
repository_id_str 0
spelling Resource curse or debt overhangs?Manzano, OsmelRigobon, RobertoDEUDA PENDIENTEECONOMÍAEXPORTACIONESRECURSO NATURALhas been widely believed that resource abundant economies grow less that other economies. In a very influential paper, Sachs and Warner (1997), point out that there is a negative relationship between resource abundance and growth. Two important econometric problems are present in the traditional empirical literature: First, the result might depend on factors that are correlated with primary exports but that have been excluded from the regression. Second, total GDP includes the production in the resource sector that has been declining in the last 30 years. We correct for those issues. Our results indicate that the so called “Natural Resource Curse” might be related to a debt overhang….Quito: Banco Central del Ecuador, 20012015-08-24T13:53:23Z2015-08-24T13:53:23Z2001-07info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://repositorio.bce.ec/handle/32000/1711eninfo:eu-repo/semantics/openAccessreponame:Repositorio Banco Central del Ecuadorinstname:Banco Central del Ecuadorinstacron:BCE2018-10-17T18:34:25Zoai:repositorio.bce.ec:32000/1711Institucionalhttps://www.bce.fin.ec/biblioteca-virtualOrganismo de gobiernohttps://www.bce.fin.ec/..Ecuador...opendoar:02026-04-26T12:02:35.328964Repositorio Banco Central del Ecuador - Banco Central del Ecuadortrue
spellingShingle Resource curse or debt overhangs?
Manzano, Osmel
DEUDA PENDIENTE
ECONOMÍA
EXPORTACIONES
RECURSO NATURAL
status_str publishedVersion
title Resource curse or debt overhangs?
title_full Resource curse or debt overhangs?
title_fullStr Resource curse or debt overhangs?
title_full_unstemmed Resource curse or debt overhangs?
title_short Resource curse or debt overhangs?
title_sort Resource curse or debt overhangs?
topic DEUDA PENDIENTE
ECONOMÍA
EXPORTACIONES
RECURSO NATURAL
url http://repositorio.bce.ec/handle/32000/1711