Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
Our goal is to show that contrary to the claims made in several recent papers, the effect of a large endowment of oil and other mineral resources on long-term economic growth of countries has been on balance positive. Moreover, the claims of a negative effect of oil and mineral wealth on the countries' institutions are called into question. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.