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Persistent link: https://www.econbiz.de/10009702099
Natural resource rent (NRR) can be a blessing for the economic growth of resource-rich economies but may cause environmental problems. The present research explores the effects of NRR, economic growth, trade openness (TO), and foreign direct investment (FDI) on the carbon intensities of...
Persistent link: https://www.econbiz.de/10014463317
exhaustible natural resources. In particular, we analyze the recycling process and the material balance principle, two fundamental … aspects of a circular economy. When market failures arise or complete recycling is not possible for technical reasons, then …
Persistent link: https://www.econbiz.de/10012548169
This research paper investigates the impact of natural resources volatility on economic growth. The paper focused on three resource-rich economies, namely, UAE, Saudi Arabia, and Oman. Using data from 1970 to 2016 and employing the autoregressive distributed lag (ARDL) cointegration approach, we...
Persistent link: https://www.econbiz.de/10012484303
The main objective of this paper is to analyse the resource management issues in macroeconomic perspective for Myanmar. We identify various gaps to improve the overall performance of the economy and provide a benchmarking for translating the resources to promote sustainable consumption as well...
Persistent link: https://www.econbiz.de/10012951321
We discuss the relationship between a resource-rich developing country and a multi-national corporation (MNC) that is developing its resources for the international market. We model the connections between transparency, permeability (defined as the amount of resource rent that leaves the...
Persistent link: https://www.econbiz.de/10013011934
Persistent link: https://www.econbiz.de/10012652770
Despite the established link between oil rent fluctuations and remittances received, its plausible joint effect on economic growth in Sub-Saharan Africa (SSA) remains unexplored. To fill this gap, first we determine whether natural resource rent (composed of oil rent, forest rent and natural gas...
Persistent link: https://www.econbiz.de/10012617694
Persistent link: https://www.econbiz.de/10013252490
We investigate the asymmetric effect of oil and gas resource rent on economic growth of Ghana for the period 2010 to 2019, dwelling on the hypothesis that natural resources extraction has double-edge effect on economic growth. Using Nonlinear Autoregressive Distributed Lag (NARDL) model as...
Persistent link: https://www.econbiz.de/10013184410