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- W2360546593 abstract "This paper studies the foreign models of the relationship between natural resources and economic growth.A new theoretical model has been established based on the economic characteristics of developing countries.Conclusions have been drawn after a dynamic analysis on the relationship between natural resources and economic growth from the perspective of the resource life cycle.The conclusions are in line with the developing countries in the following ways:At the beginning stage of the development of natural resources,the natural resources have a level effect.At this stage,the resource economy is a gospel.A follow - up development can be achieved by fostering and strengthening the manufacturing industries with the fund obtained in the development of natural resources,thus,a subsequent gospel of resource development come into being.However,if an economy depends too excessively on natural resources,with the exhaustion of natural resources and manufacturing industries being unable to substitute the growth of natural resources,there might be a phenomenon of different degrees of resource curse." @default.
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- W2360546593 date "2011-01-01" @default.
- W2360546593 modified "2023-09-28" @default.
- W2360546593 title "Cursing the Blessings——A Theoretical Model of the Relationship between Natural Resources and Economic Growth and an Expansion to the Model" @default.
- W2360546593 hasPublicationYear "2011" @default.
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