The Study of the Relationship between Natural Resource Abundance and Economic Growth

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Abstract:

The interrelationship between natural resource and economic development, hasn't reached an agreement. Some economists believe that rich natural resources promote economic growth. On the contrary, some economists think that rich natural resources hinder economic growth. Based on previous studies, this paper studies the relationship between natural resource and economic growth in our country. We try to explain the "Curse of Resources" through an example of Shanxi. Finally, we give some policy recommendations to avoid the "Curse of Resources".

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Periodical:

Advanced Materials Research (Volumes 734-737)

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3337-3341

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Online since:

August 2013

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© 2013 Trans Tech Publications Ltd. All Rights Reserved

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