Hur botas resurssjukan?
(2016) NEKH01 20152Department of Economics
- Abstract (Swedish)
- This study is concerned with the subject of the resource curse. When countries
discover significant natural resource reserves they counterintuitively exhibit
dropping growth rates despite its high world market price. Several researchers
have studied this phenomenon and labelled it the “resource curse”. They have
tracked it to a number of causes, including how massive mineral windfalls affect
the production structure and rate of diversification in the host economy. One
significant outlier to this theory, however, is Norway. Despite being in possession
of vast oil reserves, the country’s economy has not to a large extent fallen victim
to the symptoms of the resource curse. This study attempts to test if Norway’s
example can be... (More) - This study is concerned with the subject of the resource curse. When countries
discover significant natural resource reserves they counterintuitively exhibit
dropping growth rates despite its high world market price. Several researchers
have studied this phenomenon and labelled it the “resource curse”. They have
tracked it to a number of causes, including how massive mineral windfalls affect
the production structure and rate of diversification in the host economy. One
significant outlier to this theory, however, is Norway. Despite being in possession
of vast oil reserves, the country’s economy has not to a large extent fallen victim
to the symptoms of the resource curse. This study attempts to test if Norway’s
example can be applied generally to other afflicted economies. Using an
econometric panel regression of data from a number of mineral-dependent
economies the study draws from a case-study of the Norwegian response to the
oil-findings. Due to a lack of data-availability, however, any reliable and definite
conclusion is hard to draw. What may be a cause of despair may also be a
suggestion for further studies aiming at wider and more precise data collection
and definition of key variables. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8572707
- author
- Dannerhäll, Alexander LU
- supervisor
- organization
- course
- NEKH01 20152
- year
- 2016
- type
- M2 - Bachelor Degree
- subject
- keywords
- Mineral wealth, Dutch Disease, Resource curse
- language
- Swedish
- id
- 8572707
- date added to LUP
- 2016-02-11 14:59:06
- date last changed
- 2016-02-11 14:59:06
@misc{8572707, abstract = {{This study is concerned with the subject of the resource curse. When countries discover significant natural resource reserves they counterintuitively exhibit dropping growth rates despite its high world market price. Several researchers have studied this phenomenon and labelled it the “resource curse”. They have tracked it to a number of causes, including how massive mineral windfalls affect the production structure and rate of diversification in the host economy. One significant outlier to this theory, however, is Norway. Despite being in possession of vast oil reserves, the country’s economy has not to a large extent fallen victim to the symptoms of the resource curse. This study attempts to test if Norway’s example can be applied generally to other afflicted economies. Using an econometric panel regression of data from a number of mineral-dependent economies the study draws from a case-study of the Norwegian response to the oil-findings. Due to a lack of data-availability, however, any reliable and definite conclusion is hard to draw. What may be a cause of despair may also be a suggestion for further studies aiming at wider and more precise data collection and definition of key variables.}}, author = {{Dannerhäll, Alexander}}, language = {{swe}}, note = {{Student Paper}}, title = {{Hur botas resurssjukan?}}, year = {{2016}}, }