Questioning the Myths: The Role of Institutions on the "Natural Resource Curse"

Authors

  • Henry Colonia Barrenechea National University of Engineering, Lima, Peru
  • John Aguirre Gutierrez National University of San Marcos, Lima, Peru
  • Joel Núñez Mucha National University of Engineering, Lima, Peru

DOI:

https://doi.org/10.21754/iecos.v14i0.1190

Keywords:

institutional framework , natural resources, economic growth

Abstract

What this research tries to explain is the effect of institutional quality on the way to use natural resource endowments by a yearly panel of eighteen La­tín American countries from 1996 to 2011. lnstitutional deficiency makes an untoward effect over the way to use natural resource payments which hurt economic growth. Then, there is not properly a "natural resource curse", but a consequence from the institutional quality of countries on the administration of their income.

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References

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Published

2013-12-14

How to Cite

Colonia Barrenechea, H., Aguirre Gutierrez, J., & Núñez Mucha, J. (2013). Questioning the Myths: The Role of Institutions on the "Natural Resource Curse". Revista IECOS, 14, 3–18. https://doi.org/10.21754/iecos.v14i0.1190

Issue

Section

Research Articles