Speaker: Guangbo Huang, Peking University

Date & Time:  November 12, 2026, 14:00-17:00 (Beijing Time)

Venue: Room 1101, Tongji Building A

ABSTRACT

This paper reorients the resource-curse debate toward the depletion stage. Using a novel large-scale mine-level dataset merged with county-level economic data from China (2000–2020) and a shift–share identification strategy, we show that resource booms temporarily raise GDP, fiscal revenues, and industrial value added, with limited evidence of Dutch Disease. However, once counties deplete their major mineral resources, their GDP, population, and industrial activity decline sharply relative to similar regions. Counties that subsidized manufacturing during booms perform substantially better afterward, highlighting targeted industrial policy as a key source of resilience.

Key words:Resource Curse, Dutch Disease, Resource Depletion, Manufacturing

Brief on speaker:

Guangbo Huang is a Ph.D. candidate in Economics at Peking University. His research interests lie in development economics and regional economics, with a particular focus on infrastructure and industrial policy.