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Absorption capacity and Natural Resource Curse

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Academic year: 2021

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Figure 1: Analytical framework of the Dutch Disease Model, source: Nkusu (2004a).
Figure 2: Modified analytical framework of the Dutch Disease Model: source: Author.
Figure 3: Cross-country correlation between resource rent, Growth and the absorption capacity proxies
Table 1 reports summary statistics for 5-year average value of data variables 10 . The data for GDP per capita (Constant 2011 US dollars) is collected from the Penn World Table (PW T 9.0) and total natural resources rents (% of GDP), a proxy for resource d
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