An Alternative Interpretation of the 'Resource Curse': Theory and Policy Implications

By Ricardo Hausmann, Roberto Rigobon. 2003

161 citations recorded by the source corpus.

Subfields: Building and Construction, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/a83f88898fec60b2e684c1f1e91b688816627ddb

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Citations in the corpus

The resource curse revisited and revised (2006, unknown): “” Empirical support for this view is provided by various authors, including Ross (1999, 2001a), Leite and Weidmann (2002), Sala-i-Martin and Subramanian (2004), Isham et al. (2005), Bulte et al.”
Natural Resources and Economic Development: New Panel Evidence (2015, background): “More efficient financial markets are better positioned to manage the risks faced by the tradable manufacturing sector and hence to displace the specialization frontier and offer financing at lower cost (Hausmann and Rigobon 2003).”
A New Resource Curse? Impacts of China’s Boom on Comparative Advantage and Resource Dependence in Southeast Asia (2007, background): “Hausmann and Rigobon (2002) point out that global market volatility then translates into greater domestic volatility since specialization in resource sectors is accompanied by an increase in the relative size of non-traded sectors (through Dutch disease effects).”
A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile (2011, background): “…or institutions might reduce this 24 Some have suggested that the volatility of natural resource prices in itself is bad for economic growth, the source of the natural resource curse: Blattman, Hwang, and Williamson (2007), Hausmann and Rigobon (2003) and Poelhekke and van der Ploeg (2007).”
Cursing the blessings? Natural resource abundance, institutions, and economic growth (2008, unknown): “Hausmann and Rigobon (2002) consider the trade structure and show that (export) diversiﬁed economies are less likely to suﬀer negative eﬀects of natural resource wealth.”
Rural Windfall or a New Resource Curse? Coca, Income, and Civil Conflict in Colombia (2005, background): “Economic analyses of the resource curse typically focus on the possibilities of an export-induced Dutch disease and effects on government corruption or rent seeking (e.g., Sala-i-Martin and Subramanian, 2003; Hausmann and Rigobon, 2003).”