Volume 17, Issue 4 (1-2013)
JPBUD 2013, 17(4): 127-144 |
Back to browse issues page
Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:
Ebadi J, Nikoonesbati A. (2013). Natural Resources, Institutions and Economic Development. JPBUD. 17(4), 127-144.
URL: http://jpbud.ir/article-1-752-en.html
URL: http://jpbud.ir/article-1-752-en.html
1- , jebadi@ut.ac.ir
Abstract: (12783 Views)
Recently, institutional explanations have turned into the ruling ones to expound the causes of resource curse. From among the institutional approaches, this article picks out the theory of North and his colleagues, who believe that the underlying challenge of economic growth in countries is not confined to the quality of one or several certain institutions and that it could be explained by the method of developing an order in the society. They hold that the way to develop the order influences the institutional quality and as a result it affects the economic growth. The findings shows that the econometric surveys within 1970-2010 reaffirm the theory of North and his colleagues on the countries that enjoy natural resources in other words, the countries enjoying resources that have a democratic order did not face resource curse and could manage to use their resources in line with their economic growth.
Type of Study: Research |
Received: May 07 2013 | Accepted: May 08 2013 | ePublished: May 08 2013
Received: May 07 2013 | Accepted: May 08 2013 | ePublished: May 08 2013
| Rights and permissions | |
.jpg) |
This work is licensed under a Creative Commons Attribution 4.0 International License. |
