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Addressing the Natural Resource Curse; An Illustration From Nigeria
Subramanian, Arvind; Sala-i-Martin, Xavier - International Monetary Fund (IMF) - 2003
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 …
Persistent link: https://www.econbiz.de/10005769277
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The resource curse revisited : a Bayesian model averaging approach
Arin, Kerim Peren; Braunfels, Elias - In: Energy economics 70 (2018), pp. 170-178
Persistent link: https://www.econbiz.de/10011942676
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Causes and barriers to increases in economic freedom
March, Raymond J.; Lyford, Conrad; Powell, Benjamin - In: International review of economics : journal of civil economy 64 (2017) 1, pp. 87-103
Persistent link: https://www.econbiz.de/10011891035
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Natural Resources, Volatility, and Inclusive Growth; Perspectives From the Middle East and North Africa
Nabli, Mustapha K.; Arezki, Rabah - International Monetary Fund (IMF) - 2012
This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on...
Persistent link: https://www.econbiz.de/10011242320
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On the looting of nations
Sarr, Mare; Bulte, Erwin; Meissner, Chris; Swanson, Tim - In: Public Choice 148 (2011) 3, pp. 353-380
Persistent link: https://www.econbiz.de/10009327335
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Natural Resources, Institutional Quality, and Economic Growth in China
Ji, Kan; Magnus, Jan; Wang, Wendun - In: Environmental & Resource Economics 57 (2014) 3, pp. 323-343
The resource curse has been mainly studied using cross-country samples. In this paper we analyze a cross-province sample from one country: China. We focus on the interplay between resource abundance, institutional quality, and economic growth, using two different measures of resource abundance...
Persistent link: https://www.econbiz.de/10010862807
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Resource Abundance and Resource Dependence in China
Magnus, Jan R.; Ji, K.; Wang, W. - Tilburg University, Center for Economic Research - 2010
This paper reconsiders the ‘curse of resources’ hypothesis for the case of China, and distinguishes between resource abundance, resource rents, and resource dependence. Resource abundance and resource rents are shown to be approximately equivalent, and their association with resource...
Persistent link: https://www.econbiz.de/10011092289
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Revisiting the natural resource curse: A cross-country growth study
Saeed, Khalid Adnan - In: Cogent Economics & Finance 9 (2021) 1, pp. 1-19
dependence. This negative affect is especially prominent in oil-rich MENA countries. The presence of a natural resource curse …
Persistent link: https://www.econbiz.de/10014001527
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The connection between oil and economic growth revisited
Torres, Nuno; Afonso, Óscar; Soares, Isabel - Faculdade de Economia, Universidade do Porto - 2010
This study shows that the cross-section “curse” result found with oil abundance indicators for producing countries …, which is hindered by oil and ores abundance in several cross-section studies, causing the resource curse. In our estimations …, neither of the oil indicators shows a significant impact on growth, but when we consider rig productivity there is a positive …
Persistent link: https://www.econbiz.de/10008458568
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Can the Natural Resource Curse Be Turned Into a Blessing? T+L3479he Role of Trade Policies and Institutions
Arezki, Rabah; Ploeg, Frederik van der - International Monetary Fund (IMF) - 2007
We criticize existing empirical results on the detrimental effects of natural resource dependence on the rate of economic growth after controlling for institutional quality, openness, and initial income. These results do not survive once we use instrumental variables techniques to correct for...
Persistent link: https://www.econbiz.de/10005248266