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The dynamics of resource-based economic development: evidence from Australia and Norway

Journal Article


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Abstract


  • Australia and Norway have achieved modern levels of development as resourcebased

    economies, thus avoiding the so-called resource curse. Their ability to

    achieve this rested heavily on repeated diversification into new resource products

    and industries. These processes relied largely on innovation, confirming the close

    ties that have existed between resource-based industries and knowledgeproducing

    and disseminating sectors of society. We develop a resource-based diversification

    model that analyses the interaction between “enabling sectors” and

    resource industries and apply it to the historical experience of the two countries.

UOW Authors


Publication Date


  • 2013

Citation


  • Ville, S. & Wicken, O. (2013). The dynamics of resource-based economic development: evidence from Australia and Norway. Industrial and Corporate Change, 22 (5), 1341-1371.

Scopus Eid


  • 2-s2.0-84884717867

Ro Full-text Url


  • http://ro.uow.edu.au/cgi/viewcontent.cgi?article=1228&context=buspapers

Ro Metadata Url


  • http://ro.uow.edu.au/buspapers/226

Has Global Citation Frequency


Number Of Pages


  • 30

Start Page


  • 1341

End Page


  • 1371

Volume


  • 22

Issue


  • 5

Place Of Publication


  • United Kingdom

Abstract


  • Australia and Norway have achieved modern levels of development as resourcebased

    economies, thus avoiding the so-called resource curse. Their ability to

    achieve this rested heavily on repeated diversification into new resource products

    and industries. These processes relied largely on innovation, confirming the close

    ties that have existed between resource-based industries and knowledgeproducing

    and disseminating sectors of society. We develop a resource-based diversification

    model that analyses the interaction between “enabling sectors” and

    resource industries and apply it to the historical experience of the two countries.

UOW Authors


Publication Date


  • 2013

Citation


  • Ville, S. & Wicken, O. (2013). The dynamics of resource-based economic development: evidence from Australia and Norway. Industrial and Corporate Change, 22 (5), 1341-1371.

Scopus Eid


  • 2-s2.0-84884717867

Ro Full-text Url


  • http://ro.uow.edu.au/cgi/viewcontent.cgi?article=1228&context=buspapers

Ro Metadata Url


  • http://ro.uow.edu.au/buspapers/226

Has Global Citation Frequency


Number Of Pages


  • 30

Start Page


  • 1341

End Page


  • 1371

Volume


  • 22

Issue


  • 5

Place Of Publication


  • United Kingdom