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Resource Curse or Debt Overhang?

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NBER2001-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8390
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It has been widely believed that resource abundant economies grow less than 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
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2001-07-01
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