Growth in an oil abundant economy: The case of Venezuela
Agnani, Betty; Iza Padilla, María Amaya;
- Publisher: University of the Basque Country, Department of Foundations of Economic Analysis II
- Subject: oil rents | non-renewable resources, growt accounting, TFP, oil rents | growth accounting | non-renewable resources | non-renewable resources, growth accounting, TFP, oil rents | TFP | non-renewable resources, growth accounting, TFP, oil rents.
- jel: jel:O47 | jel:O57 | jel:Q32
This paper has been presented at DEGIT-X held in México 2005.-- Revised: 2008-08. Venezuela's growth experience over the past fifty years is characterized by a high economic growth rate from 1950 to 1970 and a low economic growth rate in the last thirty years. Althou... View more