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Reduction of an Economy’s Raw Material Dependence and the Human Capital of a Country

机译:减少经济的原材料依赖和一个国家的人力资本

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This paper evaluates the raw material dependence of two export-oriented oil and gas extracting countries. We find evidence of presence of the Dutch disease in both countries and of the resource curse in Russia. Reduction of volumes of crude oil and natural gas production and exports, compensated by the growth of value added in other kinds of economic activity, suggests that Norway is gradually overcoming the Dutch disease by means of expanded reproduction of human capital. On the other hand, extraction of hydrocarbons may remain a driver of the Russian economic growth.
机译:本文评估了两个以出口为导向的油气开采国的原材料依赖情况。我们发现两个国家都存在荷兰病,俄罗斯也存在资源诅咒的证据。原油和天然气产量和出口量的减少,以及其他经济活动中增加值的增加所补偿,表明挪威正在通过扩大人力资本再生产来逐步克服荷兰病。另一方面,碳氢化合物的提取可能仍然是俄罗斯经济增长的驱动力。

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