Graduate Program
Economics
Degree Name
Master of Arts (MA)
Semester of Degree Completion
2009
Thesis Director
Hui Li
Thesis Committee Member
Ali Moshtagh
Thesis Committee Member
Mukti Upadhyay
Abstract
Rents generated by natural resource endowments can be lucrative and highly productive sources of revenue for countries of all income levels. Countries able to develop sound investment strategies that efficiently allocate resource rents into highly productive activities can set themselves on paths of long-run stable growth. This study estimates the effects of several host-country characteristics on inflows of foreign direct investment and per capita incomes for low income countries finding that investments in human capital do attract inward foreign direct investment. Some evidence supports the hypothesis of a natural resource curse when the abundant resource is agriculture or food.
Recommended Citation
Reavis, Dena L., "Natural Resources, Investment, And Growth In Low Income Countries" (2009). Masters Theses. 211.
https://thekeep.eiu.edu/theses/211