Resource curse or debt overhangs?

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Campo DC	Valor	Lengua/Idioma
dc.contributor.author	Manzano, Osmel	-
dc.contributor.author	Rigobon, Roberto	-
dc.date.accessioned	2015-08-24T13:53:23Z	-
dc.date.available	2015-08-24T13:53:23Z	-
dc.date.issued	2001-07	-
dc.identifier.uri	http://repositorio.bce.ec/handle/32000/1711	-
dc.description.abstract	has been widely believed that resource abundant economies grow less that other economies. In a very influential paper, Sachs and Warner (1997), point out that there is a negative relationship between resource abundance and growth. Two important econometric problems are present in the traditional empirical literature: First, the result might depend on factors that are correlated with primary exports but that have been excluded from the regression. Second, total GDP includes the production in the resource sector that has been declining in the last 30 years. We correct for those issues. Our results indicate that the so called “Natural Resource Curse” might be related to a debt overhang….	es_ES
dc.language.iso	en	es_ES
dc.publisher	Quito: Banco Central del Ecuador, 2001	es_ES
dc.subject	DEUDA PENDIENTE	es_ES
dc.subject	ECONOMÍA	es_ES
dc.subject	EXPORTACIONES	es_ES
dc.subject	RECURSO NATURAL	es_ES
dc.title	Resource curse or debt overhangs?	es_ES
dc.type	Article	es_ES
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