Graduation Year
Spring 2011
Document Type
Open Access Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Cameron Shelton
Terms of Use & License Information
Rights Information
© 2011 Bryce Gerard
Abstract
In this paper, we examine data on U.S. GDP/Capita and natural resource share of GDP by state. We then run growth regressions and build on a previous model of dynamic equations to account for the spatial equilibrium that exists between U.S. states. Our results show that there exists evidence that overinvestment in oil and mining sectors has negative effects on state TFP growth, thus giving positive evidence for the existence of a natural resource curse between U.S. states.
Recommended Citation
Gerard, Bryce, "A Natural Resource Curse: Does it Exist Within the United States?" (2011). CMC Senior Theses. 158.
https://scholarship.claremont.edu/cmc_theses/158
