Browsing Department of Economics (ECO) by Subject "Q32"

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Browsing Department of Economics (ECO) by Subject "Q32"

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    Title: Volatility, Financial Development and the Natural Resource Curse  Author(s): VAN DER PLOEG, Frederick; POELHEKKE, Steven Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Cross-country evidence is presented on resource dependence and the link between volatility and growth. First, growth depends negatively on volatility of unanticipated output growth independent of initial income per capita, ...
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    Title: Genuine Savings and the Voracity Effect  Author(s): VAN DER PLOEG, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Many resource-rich countries have negative genuine saving rates, so deplete their exhaustible natural resource wealth faster than they build up wealth in other assets. This phenomenon is stronger in more fractionalized ...