Article APA Citation: Sachs, J. D., & Warner, A. M. (1999). The big push, natural resource booms and growth. Journal of Development Economics, 59, 43-76. Retrieved February 13, 2016, from http://dx.doi.org/10.1016/S0014-2921 (01)00125-8
Research Problem Addressed
The paper addresses the question of whether or not natural resource booms act as economic catalysts that low income countries can rely upon to overcome the fixed costs that come with the industrialization process as suggested by the big push reasoning. The authors’ main objective is to ascertain whether natural resource specialization by a country is an important strategy that can spur economic development. In this paper ...
