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Panel Smooth Transition Regressions(PSTR). The following findings are established. First, the nexus between economic growth … growth using a sample of 110 countries, including 47 African countries from 2000 to 2018. The empirical evidence is based on … governance and infrastructural development. Third, the favorable effect of natural resources on economic growth requires a …
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Many scholars see corruption as the main reason behind the poor development performance of many resource-rich economies … public revenues. Resource windfalls can crowd out tax revenues and pave the way for corruption within public sector. A …
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abundance on domestic output as well as the short-run (growth) effects. Thirdly, we make use of a non-stationary panel approach … which explicitly estimates the long-run relationships from annual data as opposed to the dynamic and static panel approaches … has a positive effect on both long run income levels and short run economic growth. While we accept that oil rich …
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measures a country's level of integration not only by its set of direct trade connections with the rest of the world but also … determinants of growth. We find a prominent positive effect of integration on a country's level of per capita income, while the …, highlights the network basis of economic growth and adds a novel perspective to the notion of economic openness. We also perform …
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