An empirical note on comparison between resource abundance and resource dependence in resource abundant countries

dc.authoridOkumus, Ilyas/0000-0003-2225-4215
dc.authoridSinha, Avik/0000-0001-7795-1259
dc.contributor.authorShahbaz, Muhammad
dc.contributor.authorDestek, Mehmet Akif
dc.contributor.authorOkumus, Ilyas
dc.contributor.authorSinha, Avik
dc.date.accessioned2024-09-18T20:33:08Z
dc.date.available2024-09-18T20:33:08Z
dc.date.issued2019
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractThis 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.en_US
dc.identifier.doi10.1016/j.resourpol.2018.12.002
dc.identifier.endpage55en_US
dc.identifier.issn0301-4207
dc.identifier.issn1873-7641
dc.identifier.scopus2-s2.0-85058179554en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage47en_US
dc.identifier.urihttps://doi.org/10.1016/j.resourpol.2018.12.002
dc.identifier.urihttps://hdl.handle.net/20.500.12483/11321
dc.identifier.volume60en_US
dc.identifier.wosWOS:000463120100005en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherElsevier Sci Ltden_US
dc.relation.ispartofResources Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectNatural resource abundanceen_US
dc.subjectNatural resource dependenceen_US
dc.subjectCross-sectional dependenceen_US
dc.titleAn empirical note on comparison between resource abundance and resource dependence in resource abundant countriesen_US
dc.typeArticleen_US

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