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Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America

Hunt Allcott and Daniel Keniston.

in The Review of Economic Studies

April 2018; p ublished online July 2017 .

Journal Article. Subjects: Demand and Supply of Labour; Manufacturing; Primary Products; Economic Development; Non-renewable Resources and Conservation; Urban, Rural, and Regional Economics. 18473 words.

Abstract

Do natural resources benefit producer economies, or is there a “Natural Resource Curse”, perhaps as the crowd-out of manufacturing productivity...