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Resource Wealth and Entrepreneurship: A Blessing or a Curse?
Farzanegan, Mohammad Reza - Volkswirtschaft Abteilung, Fachbereich … - 2012
investigate the reasons behind such a significant lag of the resource-rich countries in entrepreneurship. Panel data for more than … 80 countries from 2004-2009 shows that higher dependence on resource rents reduces entrepreneurship activities. The …
Persistent link: https://www.econbiz.de/10010897846
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Can Oil-Rich Countries Encourage Entrepreneurship? ‘Yes’, ‘No’ but not ‘Perhaps’
Farzanegan, Mohammad Reza - Volkswirtschaft Abteilung, Fachbereich … - 2014
.e., marginalized entrepreneurship activities. Our panel data analysis of 65 countries from 2004 to 2011 shows a negative and … statistically significant association between oil rents dependency and entrepreneurship indicator. This finding is robust to control … of other major drivers of entrepreneurship, unobservable country and time fixed effects and a different measurement of …
Persistent link: https://www.econbiz.de/10010897848
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Energy exploitation and economic growth in Western China: An empirical analysis based on the resource curse hypothesis
Shuai, SHAO; Zhongying, QI - In: Frontiers of Economics in China 4 (2009) 1, pp. 125-152
Based on resource curse hypothesis, this paper carries out an econometric analysis on the relationship and its transmission mechanism between energy exploitation and economic growth with cross-province panel data over 1991¨C2006. Results reveal that there is the significantly negative...
Persistent link: https://www.econbiz.de/10010944941
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A decade of natural gas development: The makings of a resource curse?
Weber, Jeremy G. - In: Resource and Energy Economics 37 (2014) C, pp. 168-183
Many studies find that areas more dependent on natural resources grow more slowly – a relationship known as the resource curse. For counties in the south-central U.S., I find little evidence of an emerging curse from greater natural gas production in the 2000s. Each gas-related mining job...
Persistent link: https://www.econbiz.de/10011261590
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Oil for Uganda – or Ugandans? Can Cash Transfers Prevent the Resource Curse? - Working Paper 261
Gelb, Alan; Majerowicz, Stephanie - 2011
In 2009, commercially exploitable reserves of oil were found in the Albertine Lakes Basin in Uganda. Along with a number of new oil exporters, Uganda now faces the challenge of using the new resources to advance its development agenda, while avoiding the corrosive effects oil often has on...
Persistent link: https://www.econbiz.de/10009246631
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Resource Curse or Malthusian Trap? Evidence from Oil Discoveries and Extractions
Cotet, Anca; Tsui, Kevin K. - Department of Economics, Ball State University - 2010
This paper studies the effects of oil rent on development using a unique panel dataset describing worldwide oil discoveries and extractions. First, we revisit the so-called curse of oil, which contends that oil rent hinders economic development. Exploiting cross-country variations in the timing...
Persistent link: https://www.econbiz.de/10008540807
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Replicating Sachs and Warner: The 1997 Working Paper
Davis, Graham A. - Division of Economics and Business, Colorado School of Mines - 2012
This paper reports on my replication of the 1997 Sachs and Warner resource curse working paper. Exact pure replication is achieved. A test for statistical replication shows that some of the Sachs and Warner results attempting to determine the cause of the resource curse are not robust to the...
Persistent link: https://www.econbiz.de/10010748276
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Resource Management and Transition in Central Asia, Azerbaijan, and Mongolia
Pomfret, Richard - Peter G. Peterson Institute for International Economics … - 2011
The paper presents a comparative analysis of the resource-rich transition economies of Mongolia and the southern republics of the former Soviet Union. For Uzbekistan and Turkmenistan, the ability to earn revenue from cotton exports allowed them to avoid reform. Oil in Azerbaijan and Kazakhstan...
Persistent link: https://www.econbiz.de/10008861845
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The natural resource curse and economic transition
Alexeev, Michael; Conrad, Robert - In: Economic Systems 35 (2011) 4, pp. 445-461
Using cross-country regressions, we examine the relationship between “point-source” resource abundance and economic growth, quality of institutions, investment in human and physical capital, and social welfare (life expectancy and infant mortality) for all countries and for the economies in...
Persistent link: https://www.econbiz.de/10011040305
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The Rentier State/Resource Curse narrative and the state of the Arabian Gulf
Rutledge, Emilie - Volkswirtschaftliche Fakultät, … - 2014
This paper proposes that the Rentier State and Resource Curse theories be considered as two elements of the same paradigm which, despite a growing body of contrary empirical evidence, retains a hegemonic influence in political economy discourse. It will be suggested that a number of reasons...
Persistent link: https://www.econbiz.de/10011109574