Do Resource Windfalls Improve the Standard of Living in Sub-Saharan African Countries?

Evidence from a Panel of Countries

Do Resource Windfalls Improve the Standard of Living in Sub-Saharan African Countries?
We examine the impact of resource windfall on the standard of living both in the short-run and long-run, using a sample of 130 countries, 1963-2007. Then, we systematically investigate the effect of resource windfall on welfare in three different groups of countries: We find that in the short-run resource windfall is welfare enhancing in the... READ MORE...

Publication date: April 2015
ISBN 9781484336397
$18.00

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