Title

The Geographical Dimension of the Development Effects of Natural Resources

Document Type

Article

Language

eng

Format of Original

20 p.

Publication Date

8-2012

Publisher

Springer

Source Publication

Environmental and Resource Economics

Source ISSN

0924-646

Abstract

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.

Comments

Accepted version.Environmental and Resource Economics, Vol. 52, No. 4 (August 2012):479-498. DOI: 10.1007/s10640-011-9539-x.

Link to version: working paper. © Springer 2012. Used with permission.

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