Resource rents, economic growth, and the role of institutional quality: A panel threshold analysis

• Published in: Resources policy Vol. 61; pp. 293 - 303
• Main Authors: Abdulahi, Mohamued Elyas, Shu, Yang, Khan, Muhammad Asif
• Format: Journal Article
• Language: English
• Published: Kidlington Elsevier Ltd 01.06.2019; Elsevier Science Ltd
• Subjects: E02; Economic analysis; Economic development; Economic growth; Economic models; Empirical analysis; Endogenous; Intelligence tests; Natural resources; O13; O43; O47; P48; Panel data; Policy making; Rents; Resource curse; Resource rent; Resource-rich; Rule of law; Specification; Standard error; Threshold; O13; Resource rent; O47; P48; Economic growth; E02; Resource-rich; Resource curse; Rule of law; O43; Threshold

This study uses rule of law (i.e., institutional quality; IQ) as a threshold variable and revisits the nonlinear relationship between natural resource rent and economic growth under the resource curse hypothesis. The research utilizes the panel data of 14 resource-rich countries of sub-Saharan Afric...