Thorvaldur Gylfason

Papers on natural resources

Long papers

Shorter pieces

From natural resources to human rights, in Prosperity through Trade and Structural Reform, edited by Ems and Gylfason, Dialogos, 2018

Political economy, Mr. Churchill, and natural resources, in Mineral Economics, 2018

From double diversification to efficiency and growth, in Comparative Economic Studies, 2017

Diversification, Dutch disease, and economic growth: Options for Uganda (with Jean-Pascal Nguessa Nganou), in Economic Diversification Policies in Natural Resource Rich Economies, edited by Mahroum and Al-Saleh, Routledge, 2016 
From economic diversification to growth (in Rabah Arezki, Raouf Boucekkine, Jeffrey Frankel, Mohammed Laksaci, and Rick van der Ploeg (eds.), Rethinking the Macroeconomics of Resource-Rich Countries, CEPR/VOXEU.
Double diversification with an application to Iceland (with Per Magnus Wijkman) in Economic Diversification Policies in Natural Resource Rich Economies, edited by Mahroum and Al-Saleh, Routledge, 2016 Double diversification (with Per Magnus Wijkman), VoxEU, 2017
The Dutch disease in reverse: Iceland’s natural experiment (with Gylfi Zoega), 2014; revision available as CESifo Working Paper No. 6513, June 2017; forthcoming in Luigi Paganetto (ed.), Getting Globalization Right: Sustainability and Inclusive Growth in the post Brexit Age, Springer, 2018 Dutch disease (New Palgrave Dictionary Online), 2008
Resource rents, democracy and corruption: Evidence from Sub-Saharan Africa (with Rabah Arezki), Journal of African Economies, 2013  
Resources and economic growth: Is Africa (Ghana) different?, in Policy Conference: Competitiveness & Diversification: Strategic Challenges in a Petroleum-Rich Economy, UNIDO, 2012  Policies to harness the natural resources (with Rabah Arezki and Amadou Sy), 2012
Commodity price volatility, democracy and economic growth (with Rabah Arezki), in Frontiers of Economic Growth and Development, edited by de La Grandville, Emerald, 2011 Oil-spill economics: How Ghana can succeed, VoxEU, 2011

Natural resource endowment: A mixed blessing?, in Beyond the Curse: Policies to Harness the Power of Natural Resources, edited by Arezki, Gylfason, and Sy, International Monetary Fund, 2011

Norway’s wealth: Not just oil, VoxEU, 2008

Development and growth in mineral-rich countries: Why social policy matters, in Mineral rents and the financing of social policy: Opportunities and challenges, edited by Hujo, Palgrave Macmillan, 2012

How to rescue Europe’s dwindling fish stocks, VoxEU, 2008

The international economics of natural resources and growth, Minerals and Energy, 2007


Natural resources and economic growth: The role of investment (with Gylfi Zoega), World Economy, 2006


Institutions, human capital, and diversification of rentier economies, 2006

The road from agriculture (with Gylfi Zoega)  
Natural resources and economic growth: From dependence to diversification, 2006  
Icelandic fisheries management: Fees vs. quotas (with Martin Weitzman), 2003  
Inequality and economic growth: Do natural resources matter? (with Gylfi Zoega), CESifo Economic Studies, 2003  
Mother Earth: Ally or adversary?, World Economics, 2002   
Natural resources and economic growth: What is the connection?, 2002  
Lessons from the Dutch disease: Causes, treatment, and cures, 2002  
Nature, power, and growth, Scottish Journal of Political Economy, 2001
Natural resources, education, and economic development, European Economic Review, 2001  
Natural resources and economic growth: A Nordic perspective on the Dutch disease, 2001  
Resources, agriculture, and economic growth in economies in transition, Kyklos, 2000  
A mixed blessing: Natural resources and economic growth (with Tryggvi Thor Herbertsson and Gylfi Zoega), Macroeconomic Dynamics, 1999