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Natural resource abundance, natural resource-oriented industry dependence, and economic growth: Evidence from the provincial level in China

机译:自然资源丰富,以自然资源为导向的行业依赖,经济增长:来自中国省级的证据

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摘要

The "natural resource curse" thesis states that having an abundant natural resource is not a favorable condition but is rather a limitation on economic growth. This study, which distinguishes the difference between natural resource abundance and natural resource-oriented industry dependence, proposes relevant hypotheses and conducts empirical tests using panel data at the provincial level in China. The research findings are as follows: first, an abundant natural resource is a favorable basis for economic growth. Second, the "natural resource curse" refers to a situation in which a region's economic development is overly dependent on its natural resource oriented industries, which leads to negative effects on both medium and long-term economic growth. Third, natural resource-oriented industry dependence indirectly inhibits economic growth through three transmission mechanisms: the crowding-out effect by inhibiting human capital, technology innovation and foreign investment; the Dutch disease effect, which cripples the development of manufacturing; and the institution weakening effect, reflected by the increase in government intervention. This study has further enriched our understanding of the "natural resource curse" thesis.
机译:“自然资源诅咒”论文指出,具有丰富的自然资源并不是一种有利的条件,而且是对经济增长的限制。该研究区分了自然资源丰富和自然资源依据之间的差异,提出了相关假设,并在中国省级使用面板数据进行实证测试。研究结果如下:首先,丰富的自然资源是经济增长的有利基础。其次,“自然资源诅咒”是指地区的经济发展过度依赖其自然资源面向行业的情况,这导致对中期和长期经济增长产生负面影响。第三,以自然资源为导向的行业依赖间接抑制经济增长三种传输机制:通过抑制人力资本,技术创新和外商投资来挤出效果;荷兰病作用,克里普尔斯制造业的发展;和机构削弱效果,反映了政府干预的增加。本研究进一步丰富了我们对“自然资源诅咒”论文的理解。

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