Resource booms and economic development: the time series dynamics for 17 oil-rich countries

被引：4
|
作者：
Yang, Benhua [1 ]
Lam, Yewfoong [2 ]
机构：
[1] Univ New Hampshire, Dept Econ, Whittemore Sch Business & Econ, Durham, NH 03824 USA
[2] Texas Tech Univ, Dept Econ, Lubbock, TX 79409 USA
来源：
APPLIED ECONOMICS LETTERS | 2008年 / 15卷 / 13期
关键词：
D O I：
10.1080/13504850600972402
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article examines the time series properties of oil prices and economic development for 17 oil-rich developing countries. Cointegration and error-correction estimation results indicate that in the majority of cases oil booms are followed by increases in both GDP per capita and investment.
引用
收藏
页码：1011 / 1014
页数：4
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