E3S Web Conf.
Volume 292, 20212021 2nd International Conference on New Energy Technology and Industrial Development (NETID 2021)
|Number of page(s)||4|
|Section||New Energy Economy and Energy Blockchain Application|
|Published online||09 September 2021|
Resource Curse: Experience Study on Economic Development of Petroleum Countries
Lanzhou University of Technology, Gansu, China
* Corresponding author: firstname.lastname@example.org
This paper studies the causes of “resource curse” from the perspective of “national utilization of petroleum resources” and uses the samples of eight typical oil resource-rich countries to study their national economic growth status. Empirical studies show that the resource curse effect of most countries is caused by “Dutch disease". Relying too much on the development of the oil resources industry, with the unreasonable industrial structure, the excessive export of oil resources, and the “extrusion effect” of production factors are the reasons that delay the technological innovation and development of the industry and inhibit the balanced development of other industries.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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