Retesting of “Resource Curse” Based on Different Perspectives of Resource Abundance and Dependence——A Case Study of Panel Data of 10 Cities in Shaanxi Province
Retesting of “Resource Curse” Based on Different Perspectives of Resource Abundance and Dependence——A Case Study of Panel Data of 10 Cities in Shaanxi Province
YAO Shun-bo, HAN Jiu-bao
Research Center for Resource Economics and Environmental Management, Northwest A & F University， Yangling 712100, China
Abstract The existing literature on the discussions of whether the abundant natural resources impede economic development and then incur the problem of resource curse are from the two perspectives of resource abundance and resource dependence. It is generally believed that abundant natural resources have positive effects on economic development while resource dependence leads to “Resource Curse”. But this is not the case in Shaanxi Province .Through an empirical analysis on panel data in ten cities, Shaanxi province from 2000 to 2012, this paper concludes that resource abundance and resource dependence have a positive effect on economic development, and shows that the hypothesis of “Resource Curse” from aforementioned two perspectives in Shaanxi Province is false. Then using the effect of the transmission mechanism, it analyzes the mechanism in which “Resource Curse” doesn’t exist. It holds the opinion that “Resource Curse” will not happen when direct positive effects on economic growth from resource abundance and resource dependence outweigh their indirect negative effects.
TAO Shun-Bei,HAN Jiu-Bao-. Retesting of “Resource Curse” Based on Different Perspectives of Resource Abundance and Dependence——A Case Study of Panel Data of 10 Cities in Shaanxi Province . Economic Survey, 2017, 34(5): 014.
2017, Vol. 34 
