Resource Intensity , Institutions , and Development

  title={Resource Intensity , Institutions , and Development},
  author={Erwin Bulte and R. Damania and Robert T. Deacon},
— We examine the relationship between resource abundance and several indicators of human welfare. Consistent with the existing literature on the relationship between resource abundance and economic growth we find that, given an initial income level, resource-intensive countries tend to suffer lower levels of human development. While we find only weak support for a direct link between resources and welfare, there is an indirect link that operates through institutional quality. There are also… CONTINUE READING

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