Commodity Prices, Growth, and the Natural Resource Curse: Reconciling a Conundrum

By Paul Collier, Benedikt Goderis. 2008

407 citations recorded by the source corpus.

Subfields: Building and Construction, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/dfea0a73270a6489ca9788c9d15b959d8c367d52

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Citations in the corpus

Natural Resource Dependence and Economic Performance in the 1970–2000 Period (2011, positive): “Historically, however, rich mineral resource endowments did not prevent economic growth in Australia, Canada, and the USA a century ago, as pointed out by Findlay and Lundahl (1994). Brunnschweiler and Bulte (2008) challenge the notion of resource curse in their cross-sectional analysis.”
Managing Resource Revenues in Developing Economies (2010, background): “Collier and Goderis (2007, 2008) use global data from 1960 onwards and find that, for the first few years following an increase in the price of commodity exports, non-resource output does indeed increase relative to what it would otherwise have been: people become more productive.”
The Local Economic Impacts of Natural Resource Extraction (2015, result): “His empirical work supports the cross-country hypothesis, that the economic effects of the resource curse are mediated the level of institutional quality (see for example Collier and Goderis, 2007).”
Dealing with Dutch Disease (2010, methodology): “Collier and Goderis (2007) adopt a panel cointegration methodology that enables them to disentangle the short- and long-term effects of commodity prices on growth, looking at 130 countries during 1963–2003. They find that commodity price booms do have positive short-term impacts on growth, but that ”
Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America (2018, neutral): “[21] Collier, Paul, and Benedikt Goderis (2009).”
Political Economy of the Mining Sector in Ghana (2011, background): “For detailed explanation and suggested policy recommendations on the resource curse phenomenon, see Auty (1993); Sala-i-Martin and Subramanian (2003); Rosser (2006); Collier and Goderis (2007); Humphreys, Sachs, and Stiglitz (2007); and Kolstad and Søreide (2009).”
Extending the concept of the resource curse: natural resources and public spending on health (2014, background): “Collier and Goderis (2007) demonstrate that commodity booms have positive short-term effects on output, but adverse long-term effects for high-rent, non-agricultural commodities.”