Article ID Journal Published Year Pages File Type
962564 Journal of International Economics 2013 29 Pages PDF
Abstract
► Resource rich regions have 1) small & productive mfg and 2) large & unproductive non-mfg. ► A process of windfall driven self-selection can explain these facts. ► Resource windfalls shift labor from manufacturing to non-manufacturing. ► Best workers self select to remain in manufacturing driving higher productivity. ► Cross-country variation in resource endowments is large enough to account for facts.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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