The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.
An empirical note on comparison between resource abundance and resource dependence in resource abundant countries
Abstract
Abstract This study explores the relative effects of natural resource abundance and natural resource dependence on economic growth for the period of 1980–2015 in 35 natural resource abundant countries. For this purpose, the relationship between economic growth, natural resource rents per capita, natural resource rents share of gross domestic product, capital, trade openness and financial development is examined. In doing so, we utilized with second generation panel data methodologies to take into account the cross-sectional dependence among countries. Our results show the existence of cointegration between the variables. Moreover, natural resource abundance promotes economic growth but natural resource dependence prevents economic activity. This study provides guidelines to utilise natural resources as economic tool to maintain economic development for longer period of time.
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Cites
Testing for unit roots in heterogeneous panels
Im, K. S., Pesaran, M. H., & Shin, Y. (2003) · Journal of Econometrics · doi:10.1016/s0304-4076(03)00092-7 · Cited by 15,435
A simple panel unit root test in the presence of cross‐section dependence
Pesaran, M. H. (2007) · Journal of Applied Econometrics · doi:10.1002/jae.951 · Cited by 12,787
Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors
Pedroni, P. (1999) · Oxford Bulletin of Economics and Statistics · doi:10.1111/1468-0084.61.s1.14 · Cited by 6,726
Natural Resource Abundance and Economic Growth
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Institutions and the Resource Curse
Mehlum, H., Moene, K., & Torvik, R. (2006) · The Economic Journal · doi:10.1111/j.1468-0297.2006.01045.x · Cited by 2,864
Do natural resources fuel authoritarianism? A reappraisal of the resource curse
HABER, S., & MENALDO, V. (2011) · American Political Science Review · doi:10.1017/s0003055410000584 · Cited by 1,128
Cited by
Ahmad, M., Jiang, P., Majeed, A., Umar, M., Khan, Z., & Muhammad, S. (2020) · Resources Policy · doi:10.1016/j.resourpol.2020.101817 · Cited by 773
Shao, X., Zhong, Y., Liu, W., & Li, R. Y. M. (2021) · Journal of Environmental Management · doi:10.1016/j.jenvman.2021.113189 · Cited by 429
Topcu, E., Altinoz, B., & Aslan, A. (2020) · Resources Policy · doi:10.1016/j.resourpol.2020.101622 · Cited by 298
Guan, J., Kirikkaleli, D., Bibi, A., & Zhang, W. (2020) · Resources Policy · doi:10.1016/j.resourpol.2020.101641 · Cited by 269
Metadata
- Authors
- Shahbaz, M., Destek, M. A., Okumus, I., & Sinha, A.
- Venue
- Resources Policy
- Publisher
- Elsevier BV
- Published
- 2019-03
- Volume
- 60
- Pages
- 47-55
- ISSN
- 0301-4207 (ISSN-L)
- OpenAlex
- W2904405717
- Cited by
- 227
- References
- 6
- FWCI
- 37.27
- Type
- journal article
- Language
- en
- Open access
- closed
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