The fate of the poor in growing mineral and energy economies |
| |
Authors: | Graham A Davis Arturo L Vásquez Cordano |
| |
Institution: | 1. Division of Economics and Business, Colorado School of Mines, 1500 Illinois St., Golden, CO 80401, USA;2. Office of Economic Analysis, Supervisory Agency of Investment in Energy and Mining of Peru, OSINERGMIN, Bernardo Monteagudo 222, Magdalena, Lima, Peru |
| |
Abstract: | There are frequent suggestions that countries specializing in mineral and energy extraction have a type of growth that is bad for the poor. Others claim that extraction-led growth is particularly good for the poor. Both claims are made without the support of substantial empirical evidence. This paper uses longitudinal data on income growth by quintile in 57 developed and developing countries to statistically assess how mineral and energy extraction has affected the relationship between growth and the poor. We can find no evidence that the data support either the claim that extraction-led growth is good for the poor or that extraction-led growth is bad for the poor. This finding does not rule out that extractive activity can have special positive or negative impacts on the poor in some countries or regions. Rather, it simply brings to light that such effects are not evident as a persistent statistical phenomenon in the national level data that are available, which may be why the debate tends to move along without resolution. |
| |
Keywords: | C33 C35 O13 O50 Q33 |
本文献已被 ScienceDirect 等数据库收录! |
|