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Evidence for a presource curse ? oil discoveries, elevated expectations, and growth disappointments (English)

Abstract

Oil discoveries can constitute a major positive and exogenous shock to economic activity, but the resource curse hypothesis would suggest they might also be detrimental to growth over the long run. This paper utilizes a new methodology for estimating ... See More +

Details

  • Cust, James Frederick; Mihalyi, David;
  • 2017/07/10 10:40:02
  • Policy Research Working Paper
  • WPS8140
  • 1
  • 1
  • World
  • The World Region
  • 2017/07/10 10:33:59
  • Disclosed
  • Evidence for a presource curse ? oil discoveries, elevated expectations, and growth disappointments
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