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We investigate the resource impact on economic growth using matching. Using a nonparametric minimum-distance matching method, we match the countries according to their observable characteristics, and estimate the relative growth rates of each matched pair. This way we are able to analyze the...
Persistent link: https://www.econbiz.de/10013117992
This paper compares two alternative growth paths, assessing the effects on productivity of specialisation in natural resources (NR) and in technologically advanced products. The empirical analysis exploits product-level export data for 109 developing and 51 developed economies over the period...
Persistent link: https://www.econbiz.de/10013175560
Our goal is to show that contrary to the claims made in several recent papers, the effect of a large endowment of oil and other mineral resources on long-term economic growth of countries has been on balance positive. Moreover, the claims of a negative effect of oil and mineral wealth on the...
Persistent link: https://www.econbiz.de/10014062318
This paper uses 5-year non-overlapping emissions growth equations for sulphur and carbon dioxide to estimate the impact of economic growth on environmental quality. It is shown that the impact of economic growth on emissions growth depends on the level of income. Economic growth reduces...
Persistent link: https://www.econbiz.de/10014120846
of health expenditure (% GDP) beyond which economic growth starts rising. Health expenditure (% GDP) is taken from OECD …
Persistent link: https://www.econbiz.de/10014158870
This paper examines the link between health indicators, environmental variables, and economic development, and the … could be cancelled or mitigated by environmental degradation through health (and other channels), and create a vicious … poor countries to reach developed ones economically. -- environmental quality ; health indicator ; income growth ; economic …
Persistent link: https://www.econbiz.de/10009159760
In this article, we provide a comprehensive overview of the role that health plays in economic develop­ment. We study … cross-country differences in income and health and examine the underused value-of-­life and life-year gain measures. In … structure for understanding the role that health plays in the process of economic development …
Persistent link: https://www.econbiz.de/10012835595
In 2018, exports of fuel and energy commodities increased by nearly 36%t as compared to the previous year, while growth in non-oil and gas exports amounted to over 11%. However, it was mainly facilitated by improvement of the pricing situation on the market. Within a year, imports rose by 5%...
Persistent link: https://www.econbiz.de/10012871316
We examine the impact of resource windfall on the standard of living both in the short-run and long-run, using a sample of 130 countries, 1963-2007. Then, we systematically investigate the effect of resource windfall on welfare in three different groups of countries: We find that in the...
Persistent link: https://www.econbiz.de/10013022269
We study the spatial distribution of the effect of oil and gas revenues on Brazilian municipalities, using variations in the international prices of oil and gas to establish causality. Oil and gas revenues increase economic activity, measured by night-time light emissions, in oil-producing...
Persistent link: https://www.econbiz.de/10012436252