Question

what is growth of resources in economic
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Answer 1

Hey Mate !

Natural resources in economic growth

We collect 43 econometric studies, which report 605 regression estimates of the effect of natural resources on economic growth. Our definition of natural resources is point-source non-renewable resources – those extracted from a narrow geographical or economic base, such as oil, diamonds or metals.

Some economists believe that rich natural resources promote economic growth. On the contrary, some economists think that rich natural resources hinder economic growth. Based on previous studies, this paper studies the relationship between natural resource and economic growth in our country.

Explanation:

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