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Natural Resources Endowment and Economic Growth in the Southeastern United States AgEcon
Elliott, Vaughn M., II; Hartarska, Valentina M.; Bailey, Conner.
Using forest concentration data from Alabama, Arkansas, Georgia, Kentucky, Louisiana, North Carolina, South Carolina, and Virginia, this paper test whether or not the low-level of economic growth is related to forest resource intensity and Dutch Disease. Specifically, cross sectional data from 815 counties are used to evaluate how changes personal income growth is affected by concentration of forestry resources, government and business investment, educational investment and consumption. We find evidence that the county economies in the South may suffer from Dutch Disease.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/9990
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Stunted Growth: Natural Resource Concentration, Economic Growth, and Dutch Disease in the Southeastern United States AgEcon
Elliott, Vaughn M., II; Hartarska, Valentina M.; Bailey, Conner.
We study the link between economic growth and resource endowment in the southeastern United States and find signs of Dutch Disease. Using data for 815 counties in this region, we focus attention on the connection between economic growth and forest resources. Our data support the Dutch Disease theory that economic reliance on natural resources contributes to low economic growth.
Tipo: Conference Paper or Presentation Palavras-chave: Community/Rural/Urban Development; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/6494
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