Revisiting the natural resource curse: A cross-country growth study

This paper revisits the original natural resource curse study conducted by Sachs and Warner to investigate the relationship between natural resource dependence and per capita growth in recent data consisting of 68 developing countries that includes 14 Middle East & North Africa (MENA) and 6 Gulf...

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Autor principal: Khalid Adnan Saeed
Formato: article
Lenguaje:EN
Publicado: Taylor & Francis Group 2021
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Acceso en línea:https://doaj.org/article/67cf858ca67649c4a4e5ba529b3ec276
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spelling oai:doaj.org-article:67cf858ca67649c4a4e5ba529b3ec2762021-11-26T11:19:50ZRevisiting the natural resource curse: A cross-country growth study2332-203910.1080/23322039.2021.2000555https://doaj.org/article/67cf858ca67649c4a4e5ba529b3ec2762021-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23322039.2021.2000555https://doaj.org/toc/2332-2039This paper revisits the original natural resource curse study conducted by Sachs and Warner to investigate the relationship between natural resource dependence and per capita growth in recent data consisting of 68 developing countries that includes 14 Middle East & North Africa (MENA) and 6 Gulf Cooperative Council (GCC) countries between 1994–2014. Using a cross-country data and modeling we find robust evidence of a negative association between per capita growth and natural resource dependence. This negative affect is especially prominent in oil-rich MENA countries. The presence of a natural resource curse presents challenges to policymakers especially in countries who have been taking measures to diversify their income-base.Khalid Adnan SaeedTaylor & Francis Grouparticleeconomic growthnatural resource cursecross-countryFinanceHG1-9999Economic theory. DemographyHB1-3840ENCogent Economics & Finance, Vol 9, Iss 1 (2021)
institution DOAJ
collection DOAJ
language EN
topic economic growth
natural resource curse
cross-country
Finance
HG1-9999
Economic theory. Demography
HB1-3840
spellingShingle economic growth
natural resource curse
cross-country
Finance
HG1-9999
Economic theory. Demography
HB1-3840
Khalid Adnan Saeed
Revisiting the natural resource curse: A cross-country growth study
description This paper revisits the original natural resource curse study conducted by Sachs and Warner to investigate the relationship between natural resource dependence and per capita growth in recent data consisting of 68 developing countries that includes 14 Middle East & North Africa (MENA) and 6 Gulf Cooperative Council (GCC) countries between 1994–2014. Using a cross-country data and modeling we find robust evidence of a negative association between per capita growth and natural resource dependence. This negative affect is especially prominent in oil-rich MENA countries. The presence of a natural resource curse presents challenges to policymakers especially in countries who have been taking measures to diversify their income-base.
format article
author Khalid Adnan Saeed
author_facet Khalid Adnan Saeed
author_sort Khalid Adnan Saeed
title Revisiting the natural resource curse: A cross-country growth study
title_short Revisiting the natural resource curse: A cross-country growth study
title_full Revisiting the natural resource curse: A cross-country growth study
title_fullStr Revisiting the natural resource curse: A cross-country growth study
title_full_unstemmed Revisiting the natural resource curse: A cross-country growth study
title_sort revisiting the natural resource curse: a cross-country growth study
publisher Taylor & Francis Group
publishDate 2021
url https://doaj.org/article/67cf858ca67649c4a4e5ba529b3ec276
work_keys_str_mv AT khalidadnansaeed revisitingthenaturalresourcecurseacrosscountrygrowthstudy
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