Does Natural Resource Wealth Spoil and Corrupt Governments? A New Test of the Resource Curse Thesis Page: 1
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Petrovsky, Nicolai, Does Natural Resource Wealth Spoil and Corrupt Governments? A
New Test of the Resource Curse Thesis. Master of Science (Political Science), August 2004, 60
pp., 13 tables, 2 illustrations, references, 48 titles.
Countries with rich natural resource endowments suffer from lower economic growth and
various other ills. This work tests whether the resource curse also extends to the quality of
regulation and the level of corruption. A theoretical framework is developed that informs the
specification of interactive random effects models. A cross-national panel data set is used to
estimate these models. Due to multicollinearity, only an effect of metals and ores exports on
corruption can be discerned. Marginal effects computations show that whether nature corrupts or
not crucially depends on a country's institutions. A broad tax base and high levels of education
appear to serve as inoculations for countries against the side-effects of mineral wealth.
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Petrovsky, Nicolai. Does Natural Resource Wealth Spoil and Corrupt Governments? A New Test of the Resource Curse Thesis, thesis, August 2004; Denton, Texas. (https://digital.library.unt.edu/ark:/67531/metadc4582/m1/2/: accessed April 25, 2019), University of North Texas Libraries, Digital Library, https://digital.library.unt.edu; .