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investigate the reasons behind such a significant lag of the resource-rich countries in entrepreneurship. Panel data for more than … 80 countries from 2004-2009 shows that higher dependence on resource rents reduces entrepreneurship activities. The … ; entrepreneurship ; panel data …
Persistent link: https://www.econbiz.de/10009534017
.e., marginalized entrepreneurship activities. Our panel data analysis of 65 countries from 2004 to 2011 shows a negative and … statistically significant association between oil rents dependency and entrepreneurship indicator. This finding is robust to control … of other major drivers of entrepreneurship, unobservable country and time fixed effects and a different measurement of …
Persistent link: https://www.econbiz.de/10010228728
This paper theoretically and empirically investigates the effect of natural resource rents on the process of economic liberalization and a potential moderating effect of the level of democracy. A simple political-economic model is developed in which the government in an autocratic country faces...
Persistent link: https://www.econbiz.de/10012543604
This paper and associated presentation explores the economic phenomenon of the so called ‘resource curse’. We begin by defining the phrase and outlining the main individual ‘curses’ and their causes to give the reader a broad understanding of what is meant by the phrase. This is followed...
Persistent link: https://www.econbiz.de/10014202386
Using cross-country regressions, we examine the relationship between “point-source” resource abundance and economic growth, quality of institutions, investment in human and physical capital, and social welfare (life expectancy and infant mortality). Contrary to most literature, we find...
Persistent link: https://www.econbiz.de/10014204121
Natural resource abundance is a blessing for some countries, but a curse for others. We show that differences across countries in the degree of fiscal decentralization can contribute to this divergent outcome. Using a large panel of countries, covering several decades and various fiscal...
Persistent link: https://www.econbiz.de/10013038322
Using cross-country regressions, we examine the relationship between “point-source” resource abundance and economic growth, quality of institutions, investment in human and physical capital, and social welfare (life expectancy and infant mortality) for all countries and for the economies in...
Persistent link: https://www.econbiz.de/10013109314
Natural resources are expected to worsen institutional quality, thus slowing economic growth. In this paper, we investigate the link between institutional quality, natural resources, and economic growth. We used a panel data of 117 countries, growth relevant IRCG, institutional quality...
Persistent link: https://www.econbiz.de/10012828643
In 2009, commercially exploitable reserves of oil were found in the Albertine Lakes Basin in Uganda. Along with a number of new oil exporters, Uganda now faces the challenge of using the new resources to advance its development agenda, while avoiding the corrosive effects oil often has on...
Persistent link: https://www.econbiz.de/10014178693
Since the “Dutch disease”, more studies are establishing a negative relationship between natural resource abundance and a nation’s economic performance that have termed a ‘resource curse’. Nigeria being of such countries with abundant natural resources this study sought to examine the...
Persistent link: https://www.econbiz.de/10014078302