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Title:Volatility, Financial Development and the Natural Resource Curse Author(s):VAN DER PLOEG, Frederick; POELHEKKE, StevenDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/36Abstract: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, ...