Natural Resource Dependency and Entrepreneurship: Are Nations with High Resource Rents Cursed?

2018 ◽  
Vol 31 (2) ◽  
pp. 137-164 ◽  
Author(s):  
Dustin Chambers ◽  
Jonathan Munemo
Keyword(s):  
Natural Resource ◽  
Resource Dependency ◽  
High Resource ◽  
Resource Rents ◽  
Natural Resource Dependency

scholarly journals Impacts of Madhupur National Park on Local Peoples’ Livelihood

2013 ◽  
Vol 5 (2) ◽  
pp. 63-66
Author(s):  
MM Mian ◽  
MB Khan ◽  
MA Baten
Keyword(s):  
Natural Resources ◽  
Natural Resource ◽  
Management System ◽  
National Park ◽  
Resource Dependency ◽  
Park Management ◽  
Local Livelihood ◽  
Natural Resource Dependency ◽  
The Impact ◽  
Better Than

In this study, the impact of Madhupur National Park on local peoples’ livelihoods was assessed. To find local peoples perception on collaborative natural resources management. This study was conducted from July, 2012 to December, 2012 on two villages named Talki and Sholakuri. Data collection was based on stratified random sample. Stratification was based on park proximity of respondent households that is (inside park) 0 km, 0.5 km distance, 1 km distance, 1.5 km distance and 2 km distance from Madhupur National Park boundary. The five strata were compared with respect to household’s natural resource dependency, household’s income, income diversification, income level, assets and perception on present management system. Present management system was also discussed to emphasize park management authority contribution on local livelihood. Based on analysis of collected data from two villages it was assumed that the nearest people were more dependent on natural resource of park than far people. The simple correlation coefficient for the distance of household with natural resource dependency was negatively significant. Household average monthly incomes in two villages were approximately same but Talki villagers were 79.25% depend on park related activity and this dependency decreased with increasing of distance. Present park management system plays an important role to reduce people and park animosity by providing aid and training to the local offensive persons and involve them into park conservation. A trend analysis of decreasing forest offences represented that, the present management system is better than past time and it could be able to reduce people park animosity.DOI: http://dx.doi.org/10.3329/jesnr.v5i2.14603 J. Environ. Sci. & Natural Resources, 5(2): 63-66 2012

Natural resource dependency, neoliberal globalization, and income inequality: Are they related? A longitudinal study of developing countries (1980–2010)

2016 ◽  
Vol 65 (1) ◽  
pp. 21-53 ◽  
Author(s):  
Tamer ElGindi
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Income Inequality ◽  
Natural Resource ◽  
Growth Rates ◽  
Trade Openness ◽  
Resource Dependency ◽  
Neoliberal Globalization ◽  
Income Inequalities ◽  
Natural Resource Dependency

Contrary to predominant neoliberal ideology that argued higher economic growth rates would eventually lead to better results in terms of income distribution, the last three decades witnessed high economic growth rates accompanied by rising income inequalities in most countries worldwide. Abundance of natural resources in several developing countries had significant implications for their economic growth and subsequent income inequality levels. Further, neoliberal globalization manifested itself in increased foreign direct investment and trade openness impacted world economies significantly. This research examines the effects of natural resource dependency, neoliberal globalization, and state-institutional factors alongside the internal development model on income inequality in a set of 96 developing countries for the period 1980–2010. Models for Prais–Winsten regressions with panel corrected standard errors show that within the internal development model, population growth rates are the most significant factor in influencing income inequality levels. Natural resource dependency is equally important and is positively associated with increasing inequalities. More detailed analyses of different types of energy-rich countries reveal varying results exemplifying the importance of exploring how different types of natural resources might affect income inequality levels rather than their sheer magnitude. Consistent with previous research, foreign direct investment indicates a robust positive association with increasing income inequalities whereas trade openness exhibits a negative association signifying the positive effect deindustrialization that took place in advanced countries might have had on developing countries. Finally and counterintuitively, democracy is associated with higher income inequalities whereas institutional quality is negatively associated with income inequality.

scholarly journals Ecofeminism and Natural Resource Management: Justice Delayed, Justice Denied

2021 ◽  
Vol 13 (13) ◽  
pp. 7319
Author(s):  
Yang Liu ◽  
Muhammad Khalid Anser ◽  
Khalid Zaman
Keyword(s):  
Mineral Resource ◽  
Natural Resource ◽  
Access To Finance ◽  
Positive Role ◽  
Women’S Autonomy ◽  
Ecological Footprints ◽  
Women's Autonomy ◽  
Resource Rents

Women have a right to excel in all spheres of activity. However, their roles are mainly confined in the resource extraction industry due to masculinity bias. African women are considered exemplary cases where women have low access to finance and economic opportunities to progress in the natural resource industry. This study examines the role of women’s autonomy in mineral resource extraction by controlling ecological footprints, financial development, environmental degradation, economic growth, and changes in the general price level in the Democratic Republic of the Congo data from 1975–2019. The autoregressive distributed lag estimates show that in the short-run, women’s autonomy decreases mineral resource rents; however, this result disappears in the long-run and the positive role of women’s autonomy in increasing resource capital is confirmed. Ecological footprints are in jeopardy from saving mineral resources both in the short- and long-term. Financial development negatively impacts mineral resource rents, while women’s access to finance supports the mineral resource agenda. The positive role of women in environmental protection has led to increased mineral resource rents in the short- and long-term. Women’s social and economic autonomy increases mineral resource rents in the short-term, while it has evaporated in the long-term. The Granger causality has confirmed the unidirectional linkages running from women’s green ecological footprints, access to finance, and women participating in environmental protection to mineral resource rents in a country. The variance decomposition analysis has shown that women’s economic autonomy and access to finance will exert more significant variance shocks to mineral resource rents over the next ten years’ period. The results conclude the positive role of women’s freedom in the mineral resource sustainability agenda. Thus, there is a high need to authorize women through access to finance and economic decisions to restore natural resource capital nationwide.

Foreign Capital, Natural Resource Rents and Financial Development: A New Approach

2020 ◽  
pp. 097215092096136
Author(s):  
Muhammad Shahbaz ◽  
Mohammad Ali Aboutorabi ◽  
Farzaneh Ahmadian Yazdi
Keyword(s):  
Financial Development ◽  
Natural Resource ◽  
Capital Accumulation ◽  
Foreign Capital ◽  
New Approach ◽  
Resource Rents ◽  
Long Run ◽  
Natural Resource Rents ◽  
Rich Countries ◽  
The Impact

This article explores the impact of financial development on the ‘natural resources rents–foreign capital accumulation nexus’ in selected natural resource–rich countries during 1970Q1–2016Q4. In doing so, we propose a new approach by applying the autoregressive distributed lag (ARDL) rolling regression technique for our empirical purpose. The results show that financial development has a positive and significant effect on the way natural resource rents affect foreign capital in the case of Australia, Chile, Ecuador, Egypt and Peru in both the short run and the long run. We achieve the same results in the case of Colombia and Iran too, but just in the long run. Also, short-term and long-term negative effects of financial development on the rents–foreign capital nexus are witnessed just in the case of Algeria. We provide some empirical evidence for further robustness of our findings. Finally, we suggest that there is a necessity for the development of the financial system in natural resource–rich countries to reach higher levels of foreign capital, which has a crucial role in their economic growth.

Growth Recoveries (from Collapses)

2021 ◽  
Author(s):  
Juan Francisco Meneses ◽  
José Luis Saboin
Keyword(s):  
Exchange Rate ◽  
Natural Resource ◽  
Exchange Rate Regime ◽  
Democratic Accountability ◽  
Resource Rents ◽  
Financial Account ◽  
External Conditions ◽  
Economic Collapse ◽  
Low Levels ◽  
Natural Resource Rents

This paper analyzes the behavior of a long list of economic variables during episodes of recovery from an economic collapse. A set of stylized facts is proposed so as to depict what in this work is called \saygrowth recoveries. Through different estimation techniques, it is inferred under which conditions and policies the likelihood of experiencing a growth recovery increases. The results of the paper indicate that collapses tend to occur in countries with high dependence on natural resource rents, macroeconomic mismanagement, low levels of democratic accountability and rule of law and high levels of conflict. Recoveries, on the other hand, tend to be longer than collapses and are more likely to occur in contexts of: improved external conditions, less natural resource rents, balanced fiscal accounts, where the exchange rate corrects but within a more fixed exchange rate regime and a more restricted financial account, and where there are: rebounds in private consumption, increases in international trade and improvements on property rights.

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