China and Natural Resource Curse in Developing Countries: Empirical Evidence from a Cross-country Study

2016 ◽  
Vol 24 (1) ◽  
pp. 18-40 ◽  
Author(s):  
Fubing Su ◽  
Guoxue Wei ◽  
Ran Tao
Keyword(s):  
Developing Countries ◽  
Empirical Evidence ◽  
Natural Resource ◽  
Resource Curse ◽  
Natural Resource Curse ◽  
Country Study ◽  
Cross Country

scholarly journals Oil and Governance in Uganda

2015 ◽  
Vol 5 (1) ◽  
pp. 40 ◽  
Author(s):  
Terrell George Manyak
Keyword(s):  
Developing Countries ◽  
Natural Resource ◽  
Resource Curse ◽  
Natural Resource Curse ◽  
Oil Companies ◽  
Long Run ◽  
Fragile Environment ◽  
Oil Deposits ◽  
The Government ◽  
Institutional Foundations

Many critical governance issues were created with the discovery of major oil deposits in Uganda.  Because developing countries like Uganda lack strong institutional foundations, it is widely assumed that riches flowing from oil will result in huge sums of money being diverted to politicians while the country ends up worse off in the long run. Uganda certainly faces this “natural resource curse,” but the potential for corruption is only one of many governance issues arising from the potential of oil riches. The government needs to work effectively with foreign oil companies and neighboring countries to recover and transport the oil. It must also establish institutions and procedures to manage its new oil economy.  Moreover, questions must be answered regarding ownership the oil producing lands and how the fragile environment of the country can be protected.  

Resources for Sale: Corruption, Democracy and the Natural Resource Curse

2008 ◽  
Vol 8 (1) ◽  
Author(s):  
Erwin Bulte ◽  
Richard Damania
Keyword(s):  
Empirical Evidence ◽  
Natural Resource ◽  
Political Competition ◽  
Optimal Path ◽  
Resource Curse ◽  
Rent Seeking ◽  
Political Transitions ◽  
Natural Resource Curse ◽  
Development Policies ◽  
Resource Poor

Abstract A puzzling piece of empirical evidence suggests that resource-abundant countries tend to grow slower than their resource-poor counterparts. We attempt to explain this phenomenon by developing a lobbying game in which rent seeking firms interact with corrupt governments. The presence or absence of political competition, as well as the potential costs of political transitions, turn out to be key elements in generating the 'resource curse.' These variables define the degree of freedom that incumbent governments have in pursuing development policies that maximize surplus in the lobbying game, but put the economy off its optimal path.

Does Institution Explain Natural Resource Curse?

2018 ◽  
Vol 18 (4) ◽  
pp. 20180057
Author(s):  
Joseph Pelzman ◽  
Yessengali Oskenbayev ◽  
Murat Issabayev
Keyword(s):  
Panel Data ◽  
Natural Resource ◽  
Resource Curse ◽  
Institutional Quality ◽  
Price Volatility ◽  
Commodity Price ◽  
Natural Resource Curse ◽  
Commodity Price Volatility ◽  
Cross Country ◽  
Over Time

In this paper we study the natural resource curse by analyzing the cross-regional sample from Kazakhstan. Our focus is to understand if the institutional quality within the country explains the resource curse. Using the data for 14 regions in Kazakhstan between 2000 and 2010 and employing various panel data approaches, we find that the institutional quality is not a determinant of the resource curse as institution changes very slowly within the country over time. This statement surely contradicts with previous resource curse literatures that utilized cross-country sample counting the fact that institutions vary across countries. Instead here, we argue that the resource curse within the country arises as a result of commodity price volatility.

scholarly journals A Multivariate VAR Model for Evaluating Sustainable Finance and Natural Resource Curse in West Africa: Evidence from Nigeria and Ghana

2021 ◽  
Vol 13 (5) ◽  
pp. 2847
Author(s):  
Olatunji Abdul Shobande ◽  
Joseph Onuche Enemona
Keyword(s):  
Natural Resource ◽  
Critical Role ◽  
Resource Curse ◽  
Policy Implications ◽  
Vector Autoregressive ◽  
Natural Resource Curse ◽  
Cointegration Tests ◽  
Sustainable Finance ◽  
Private Investors ◽  
Sustainable Financing

The financial sector plays a critical role in society by mediating resources and assets within the economy between surplus and deficit units. Therefore, they have a great responsibility for the sustainability and prosperity of natural endowments. This study aimed to determine whether sustainable finance matters for the natural resource curse in Nigeria and Ghana. The empirical evidence is based on the Bayer and Hanck combined cointegration tests and Vector Autoregressive/Vector Error Correction Granger causality tests. The study highlights the importance of sustainable financing in natural resources management. Our findings also confirmed the existence of the financial resource curse in Nigeria and Ghana. Likewise, the medium through which sustainable finance affects the natural resource curse has been identified as the human development index (economic welfare). This current study has critical policy implications that suggest the need to establish a vibrant, sustainable financing strategy to assist domestic private investors with a strong interest in natural resource exploration and development, taking into account macroeconomic sustainability. Additionally, it also important to build a strong financial market which allows for policies designed to promote natural resource management.

scholarly journals Poverty, Inequality, and the Local Natural Resource Curse

2013 ◽  
Author(s):  
Norman Loayza ◽  
Alfredo Mier y Teran ◽  
Jamele Rigolini
Keyword(s):  
Natural Resource ◽  
Resource Curse ◽  
Natural Resource Curse
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