Natural Resources, Human Capital, and Growth
Bibliographic Data
| ID | 23637406 |
|---|---|
| Authors | Nancy Birdsall (0000-0002-9010-7455), Thomas C Pinckney (Williams College), Thomas Pinckney, Richard Sabot |
| Year | 2004 |
| Pages | 57-75 |
| Publication date | 2004-10-07 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | CHAPTER |
| Venue | Resource Abundance and Economic Development (WIDER Studies in Development Economics) (SOURCE_BOOK) |
| Publisher | Oxford University PressOxford (PUBLISHER) |
| DOI | 10.1093/0199275785.003.0004 |
| OpenAlex | W2113849476 |
| ISBN | 9780199275786 |
| Language | EN |
| Citations received | 22 |
| References cited | 14 |
This chapter examines the role of human capital investment in lowering the growth of resource-abundant countries. It is shown that resource abundance leads to high initial levels of income inequality, making it difficult to generate a virtuous circle of human capital accumulation and equitable growth. However, this virtuous circle is achievable if governments can resist the temptation to ignore the quality of schooling and pursue a capital intensive growth strategy.
Biology · Capital (architecture) · Capital accumulation · Development economics · Economic system · Economics · Geography · Human capital · Inequality · Investment (military) · Labour economics · Macroeconomics · Market economy · Natural resource · Political science · Resource (disambiguation) · Temptation · Virtuous circle and vicious circle · Ecology · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Income, Poverty, and Inequality
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The value of redistribution
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Impacts of oil palm expansion in Colombia
Oil and Democracy
The Quality of Political Institutions and the Curse of Natural Resources
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Oil, human capital and diversification
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Where Has All the Education Gone?
Inequality and Growth Reconsidered
Demographic Transitions and Economic Miracles in Emerging Asia
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| Unique citing works | 22 |
|---|---|
| Citations per year | 0,88 |
| Citation span | 2001 - 2025 (25) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |