A Nordic Perspective on Natural Resource Abundance

Abstract This chapter examines the impact of resource abundance on the economic performance of Denmark, Finland, Iceland, Norway, and Sweden. Natural resource abundance can retard economic growth by reducing total exports, and investments in human and physical capital. These outcomes are not inevita...

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Bibliographic Details
Main Author: Gylfason, Thorvaldur.
Format: Book Part
Language:English
Published: Oxford University PressOxford 2004
Subjects:
Iceland
Online Access:http://dx.doi.org/10.1093/0199275785.003.0018
https://academic.oup.com/book/1669/chapter/141237412
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spelling croxfordunivpr:10.1093/0199275785.003.0018 2024-05-19T07:42:36+00:00 A Nordic Perspective on Natural Resource Abundance Gylfason, Thorvaldur. 2004 http://dx.doi.org/10.1093/0199275785.003.0018 https://academic.oup.com/book/1669/chapter/141237412 en eng Oxford University PressOxford Resource Abundance and Economic Development page 296-313 ISBN 0199275785 9780199275786 9780191602160 book-chapter 2004 croxfordunivpr https://doi.org/10.1093/0199275785.003.0018 2024-05-02T09:32:54Z Abstract This chapter examines the impact of resource abundance on the economic performance of Denmark, Finland, Iceland, Norway, and Sweden. Natural resource abundance can retard economic growth by reducing total exports, and investments in human and physical capital. These outcomes are not inevitable if appropriate institutions safeguards are in place. However, an echo effect of resource dependence may be detected. Book Part Iceland Oxford University Press 296 313
institution Open Polar
collection Oxford University Press
op_collection_id croxfordunivpr
language English
description Abstract This chapter examines the impact of resource abundance on the economic performance of Denmark, Finland, Iceland, Norway, and Sweden. Natural resource abundance can retard economic growth by reducing total exports, and investments in human and physical capital. These outcomes are not inevitable if appropriate institutions safeguards are in place. However, an echo effect of resource dependence may be detected.
format Book Part
author Gylfason, Thorvaldur.
spellingShingle Gylfason, Thorvaldur.
A Nordic Perspective on Natural Resource Abundance
author_facet Gylfason, Thorvaldur.
author_sort Gylfason, Thorvaldur.
title A Nordic Perspective on Natural Resource Abundance
title_short A Nordic Perspective on Natural Resource Abundance
title_full A Nordic Perspective on Natural Resource Abundance
title_fullStr A Nordic Perspective on Natural Resource Abundance
title_full_unstemmed A Nordic Perspective on Natural Resource Abundance
title_sort nordic perspective on natural resource abundance
publisher Oxford University PressOxford
publishDate 2004
url http://dx.doi.org/10.1093/0199275785.003.0018
https://academic.oup.com/book/1669/chapter/141237412
genre Iceland
genre_facet Iceland
op_source Resource Abundance and Economic Development
page 296-313
ISBN 0199275785 9780199275786 9780191602160
op_doi https://doi.org/10.1093/0199275785.003.0018
container_start_page 296
op_container_end_page 313
_version_ 1799482292317454336

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