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Resource-Abundance and Economic Growth in the U.S.
Findings from the study indicate that natural resource abundance decreases investment, schooling, openness, and R&D expenditure and increases corruption. The authors show that these effects can fully explain the negative effect of natural resource abundance on growth.
Link
http://www.feem.it/NR/rdonlyres/7FFA8C3E-33B7-4B07-9D44-A56C5DA76D14/1136/6204.pdf