Threshold regressions for the resource curse
Nicolas Clootens
(1, 2)
,
Djamel Kirat
(2)
Djamel Kirat
- Fonction : Auteur
- PersonId : 1008637
- IdRef : 135970636
Résumé
This paper analyzes the behavior of cross-country growth rates with respect to resource abundance and dependence. We reject the linear model that is commonly used in growth regressions in favor of a multiple-regime alternative. Using a formal sample-splitting method, we find that countries exhibit different behaviors with respect to natural resources depending on their initial level of development. In high-income countries, natural resources play only a minor role in explaining the differences in national growth rates. On the contrary, in low-income countries, abundance seems to be a blessing but dependence restricts growth.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Threshold regressions for the resource curse
|
Résumé |
en
This paper analyzes the behavior of cross-country growth rates with respect to resource abundance and dependence. We reject the linear model that is commonly used in growth regressions in favor of a multiple-regime alternative. Using a formal sample-splitting method, we find that countries exhibit different behaviors with respect to natural resources depending on their initial level of development. In high-income countries, natural resources play only a minor role in explaining the differences in national growth rates. On the contrary, in low-income countries, abundance seems to be a blessing but dependence restricts growth.
|
Auteur(s) |
Nicolas Clootens
1, 2
, Djamel Kirat
2
1
AMSE -
Aix-Marseille Sciences Economiques
( 526949 )
- 5-9 Boulevard Bourdet
CS 50498
13205 Marseille Cedex 1
- France
2
LEO -
Laboratoire d'Économie d'Orleans [UMR7322]
( 199945 )
- Université d'Orléans - UFR Droit Economie Gestion - Rue de Blois - BP 26739 - 45067 ORLÉANS Cedex 2
- France
|
Date de publication |
2020-12
|
Volume |
25
|
Numéro |
6
|
Page/Identifiant |
583-610
|
URL éditeur |
https://www.cambridge.org/core/journals/environment-and-development-economics/article/abs/threshold-regressions-for-the-resource-curse/2EF0E6F154FE9A8BB3221FB6AB5B67E6
|
Langue du document |
Anglais
|
Date de production/écriture |
2018-11
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication électronique |
2020-08-10
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Référence interne |
|
Financement |
|
Projet(s) ANR |
|
Mots-clés |
en
resource curse, growth, threshold regressions, natural resources
|
DOI | 10.1017/S1355770X20000297 |
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