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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, ...
Title:Can the Natural Resource Curse Be Turned into a Blessing? The Role of Trade Policies and Institutions Author(s):AREZKI, Rabah; VAN DER PLOEG, FrederickDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/35Abstract:We criticise existing empirical results on the detrimental effects of natural resource
dependence on the rate of economic growth after controlling for institutional quality,
openness and initial income. These results do ...