Does oil abundance harm growth?

@article{deVCavalcanti2011DoesOA,
  title={Does oil abundance harm growth?},
  author={Tiago V. de. V. Cavalcanti and Kamiar Mohaddes and Mehdi Raissi},
  journal={Applied Economics Letters},
  year={2011},
  volume={18},
  pages={1181 - 1184}
}
This article explores whether natural resource abundance is a curse. Our results reveal that oil abundance has a positive effect on both long-run income levels and short-run economic growth. 
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