This paper attempts to study precisely the natural resource (oil& gas reserves) effect on economic development profile … empirically as to what extent has been influenced by oil wealth. First, we will test if economic growth and development is … positively changing with more level of oil and gas reserves in cross-country dataset. Second, we try to chase the oil revenue …

Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their … confirmation of this aspect of natural resources. Waste and poor institutional quality stemming from oil appear to have been … which involves directly distributing the oil revenues to the public. Even with all the difficulties that will no doubt …

analyzing the effect of oil production on different indicators of the development level of municipalities: school enrollment …

Peak oil production in the Middle East's Arabian/Persian Gulf region and worldwide could be delayed if major … multinational and national oil companies would invest more heavily in drilling and extraction technologies and push to explore new … recoverable oil reserves exist in the Arabian Gulf, and there are more oil fields to be discovered through offshore and deep …