Is the resource curse an illusion?

Tiago Sequeira, Fábio Azevedo

Research output: Contribution to journalArticlepeer-review


Theory and evidence have been pointed out the negative effect of natural resources abundance and specialization on economic growth. On the contrary, recent empirical evidence has pointed out the inexistence of this negative effect. In this article we show using panel data analysis and recent data that the effect does not exist. However, we show that variations in natural resources specializations and their slopes can decrease economic growth.
Original languageEnglish
Pages (from-to)279-289
JournalActual Problems Of Economics
Issue number2
Publication statusPublished - 1 Jan 2011


  • Economic growth
  • Natural resources


Dive into the research topics of 'Is the resource curse an illusion?'. Together they form a unique fingerprint.

Cite this