Arbeitspapier
The Resource Curse and Fiscal Policy Volatility
Using data from 1980 to 2004, we show that greater fiscal policy volatility acts as a transmission mechanism for the resource curse. Resource exports dominate political and institutional variables as determinants of fiscal policy volatility, with fiscal policy volatility being a significant determinant of growth. The existence of a resource curse is confirmed, in the sense that a higher ratio of natural resource exports to total merchandise exports is associated with significantly slower per capita GDP growth. There are no statistically significant differences between the effects of point-source and diffuse resource exports.
- Sprache
-
Englisch
- Erschienen in
-
Series: CREDIT Research Paper ; No. 09/09
Klassifikation
Wirtschaft
National Government Expenditures and Related Policies: General
Economic Growth and Aggregate Productivity: General
Resource Booms
National Government Expenditures and Related Policies: General
Economic Growth and Aggregate Productivity: General
Resource Booms
Thema
fiscal policy
growth
resource curse
Natürliche Ressourcen
Export
Finanzpolitik
Volatilität
Wirtschaftswachstum
Welt
growth
resource curse
Natürliche Ressourcen
Export
Finanzpolitik
Volatilität
Wirtschaftswachstum
Welt
Ereignis
Geistige Schöpfung
(wer)
Bleaney, Michael
Halland, Håvard
Halland, Håvard
Ereignis
Veröffentlichung
(wer)
The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
(wo)
Nottingham
(wann)
2009
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:24 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bleaney, Michael
- Halland, Håvard
- The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
Entstanden
- 2009
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