While it is well known that resource exporting countries have higher export concentration, it is lesser known that there is substantial variance in export concentration fortunes within resource-based countries. Using several estimation techniques and other sensitivity checks, this paper offers a...

This paper sheds light on the relationship between oil rent and the allocation of talent, toward rent-seeking versus more productive activities, conditional on the quality of institutions. Using a sample of 69 developing countries, we demonstrate that oil resources orient university students...

This paper focuses on medium term policy options in the economic context of natural resource depletion. In particular, a novel approach for analyzing the impact of the permanent income hypothesis (PIH) with a dynamic recursive computable general equilibrium (CGE) model is employed. The model is...

Evidence has shown that the allocation of talented people affects the long-term growth. It has been found that a large population of engineers tends to foster innovation and growth more rapidly than population of lawyers and other activities with access to the public rent. Yet little is known...

This paper provides the first econometric evidence on the impact of oil wealth on Cameroon's economy. In contrast to previous descriptive analyses, this paper reports that the oil boom had a positive effect on the traditional, non-oil sector in Cameroon and that the oil sector does not appear to...

This paper focuses solely on the energy consumption, carbon dioxide ( 2 CO ) emissions and economic growth nexus applying the iterative Bayesian shrinkage procedure. The environmental Kuznets curve (EKC) hypothesis is tested using this method for the first time in this literature and the results...

In this paper, we examine the long-­- and short-­-run dynamics between

We use time-series analysis to examine bank behavior with respect to credit supply employing both banking data and other financial variables for the Turkish economy over the 1990 – 2009 period. We provide a vector error-correction (VEC) model to test for multivariate cointegration and Granger...

This paper focuses solely on the energy consumption, carbon dioxide (CO2) emissions and economic growth nexus applying the iterative Bayesian shrinkage procedure. The environmental Kuznets curve (EKC) hypothesis is tested using this method for the first time in this literature and the results...