The Elusive Curse of Oil
反驳了近期多篇论文关于石油等矿产资源丰富会拖累长期经济增长的观点,认为总体影响是积极的,并质疑了资源财富对制度有负面作用的说法。
Our goal is to show that contrary to the claims made in several recent papers, the effect of a large endowment of oil and other mineral resources on long-term economic growth of countries has been on balance positive. Moreover, the claims of a negative effect of oil and mineral wealth on the countries' institutions are called into question. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.