Stunted Growth: Natural Resource Concentration, Economic Growth, and Dutch Disease in the Southeastern United States

Abstract

We study the link between economic growth and resource endowment in the southeastern United States and find signs of Dutch Disease. Using data for 815 counties in this region, we focus attention on the connection between economic growth and forest resources. Our data support the Dutch Disease theory that economic reliance on natural resources contributes to low economic growth.Community/Rural/Urban Development, Resource /Energy Economics and Policy,