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Resource Dependence and Economic Growth: Distinguishing between Renewable and Non-Renewable Commodities

van de Straat, Lieke LU (2019) EKHS42 20191
Department of Economic History
Abstract
Sustained economic growth is essential for developing countries in order to develop.
Resource dependent countries face difficulties creating sustained growth as most suffer from a
resource curse. Building on previous literature, this research aims at exploring the resource
curse literature, with a focus on the time period 1995-2016, which includes the commodity
boom, for countries located in Sub-Saharan Africa and Latin America. Findings are that the
negative relationship between resource dependence and economic growth remains prevalent.
Additionally, different types of commodities show differing effects on economic growth, where
dependence on non-renewable resources is more deterrent for economic growth than
dependence on... (More)
Sustained economic growth is essential for developing countries in order to develop.
Resource dependent countries face difficulties creating sustained growth as most suffer from a
resource curse. Building on previous literature, this research aims at exploring the resource
curse literature, with a focus on the time period 1995-2016, which includes the commodity
boom, for countries located in Sub-Saharan Africa and Latin America. Findings are that the
negative relationship between resource dependence and economic growth remains prevalent.
Additionally, different types of commodities show differing effects on economic growth, where
dependence on non-renewable resources is more deterrent for economic growth than
dependence on renewable resources. (Less)
Please use this url to cite or link to this publication:
author
van de Straat, Lieke LU
supervisor
organization
course
EKHS42 20191
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Resource Curse, Industrialisation, Sustained Economic Growth
language
English
id
8983900
date added to LUP
2019-08-22 08:37:13
date last changed
2019-08-22 08:37:13
@misc{8983900,
  abstract     = {Sustained economic growth is essential for developing countries in order to develop.
Resource dependent countries face difficulties creating sustained growth as most suffer from a
resource curse. Building on previous literature, this research aims at exploring the resource
curse literature, with a focus on the time period 1995-2016, which includes the commodity
boom, for countries located in Sub-Saharan Africa and Latin America. Findings are that the
negative relationship between resource dependence and economic growth remains prevalent.
Additionally, different types of commodities show differing effects on economic growth, where
dependence on non-renewable resources is more deterrent for economic growth than
dependence on renewable resources.},
  author       = {van de Straat, Lieke},
  keyword      = {Resource Curse,Industrialisation,Sustained Economic Growth},
  language     = {eng},
  note         = {Student Paper},
  title        = {Resource Dependence and Economic Growth: Distinguishing between Renewable and Non-Renewable Commodities},
  year         = {2019},
}