This paper investigates empirically whether the natural resource curse exists and if institutions can help alleviate this curse. Both cross-country and dynamic panel regressions confirm the important role of institutional quality (measured by either institutional design or institutional...

Can financial development play a role in abating the natural resource curse? What are the channels via which financial development may negate the potential detrimental effects of natural resources on economic growth? To attempt to answer these questions, the paper employs panel unit root,...

This study examines the impact that technological diffusion and international migrants� remittances have on the economic development of developing countries. The hypothesis that skilled workers, living and working overseas, can effectively channel technological knowledge back to their home...

This study further examines the role of research and development (R&D), both domestic and foreign, in the development of national productivity. A key focus is on the role played by foreign direct investment (FDI) in facilitating technological transfer. The research empirically investigates the...