This paper attempts to provide a probable answer to a longstanding resource curse puzzle; i.e., why resource-rich nations grow at a slower rate compared to less fortunate ones. Using an innovative threshold estimation technique, the empirical results reveal that there is a threshold effect in the...

Turkey has experienced a significant increase in energy consumption and carbon emissions in recent decades. The country is a candidate for full membership to the European Union and likely to face significant pressures to decrease her emission of carbon dioxide. This paper examines the long run...

This paper attempts to provide a probable answer to a longstanding resource curse puzzle; i.e., why resource-rich nations grow at a slower rate compared with less fortunate ones. Using an innovative threshold estimation technique, the empirical results reveal that there is a threshold effect in...

Growing concerns in the major importing countries on the socio-environmental sustainability of oil palm farming may affect the import demand of palm oil and hence the economy of the exporting countries. This paper develops a comparative static, partial equilibrium model to examine the impact of...

This paper provides an assessment of the changes in the availability of oil and gas resources in Malaysia. The physical and monetary balance sheets for crude oil and natural gas for the period 2000- 2007 was constructed. The net present value of expected future incomes to reflect the value of...

This paper examines the impact of intra-ASEAN trade liberalization (AFTA) using a multicountry, computable general equilibrium model (GTAP Model) with special focus onMalaysia. The study considers the full elimination of intra-ASEAN import taxes and export subsidies. Results suggest that...