The relationship between reserves of oil endowment and economic growth from the resource curse viewpoint: a case study of oil producing countries

This research investigated the effective economic growth determinants using a panel data set over the period 1995 to 2010 in oil-rich countries divided by the level of democracy into two groups: countries with low and high democracy. The result of OLS method rejects the curse hypothesis; however, TSLS method reveals the reserves of oil endowment has a negative effect on economic growth of low democracy countries and the curse hypothesis is approved.

MoreLess

Year of publication:	2014-05-07
Authors:	Mohammadi, Teymour ; Jahangard, Fateme ; Khani Hoolari, Seyed Morteza

More details

Type of publication:	Book / Working Paper
Language:	English
Notes:	Mohammadi, Teymour and Jahangard, Fateme and Khani Hoolari, Seyed Morteza (2014): The relationship between reserves of oil endowment and economic growth from the resource curse viewpoint: a case study of oil producing countries. Forthcoming in: Journal of Applied Science and Agriculture (June 2014)
Classification:	O13 - Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; P28 - Natural Resources; Energy; Environment ; Q43 - Energy and the Macroeconomy
Source:	BASE

Persistent link: https://www.econbiz.de/10015242639