Resource Status and Curse Threshold -- An Empirical Study Based on Cross-national Panel Data

DOI

10.2991/iccessh-18.2018.221How to use a DOI?

Keywords

natural resource; economic growth; curse threshold; resource status

Abstract

Different from the existing literatures, this paper investigates the nonlinear relationship between natural resource economic growth and resource curse threshold, with particular attention paid to the impact on resource curse of the resource status i.e. the global economic development mode. The empirical results based on the panel data of 90 countries from 1972 to 2011 show that, the impact of natural resource on economic growth is nonlinear and the relationship between them presents an inverted U-shape curve, that is, only when resource abundance cross threshold value, the resource curse effect will occur. In addition, we find the change of resource status has a significant impact on the relationship between resource and economic growth and the resource curse, that is, the rise of the resource status can lower the threshold of resource curse and it is possible that more countries are plagued by the resource curse effect.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Hui He
AU  - Weitao Liu
AU  - Qi Gao
AU  - Ling Jiang
PY  - 2018/07
DA  - 2018/07
TI  - Resource Status and Curse Threshold -- An Empirical Study Based on Cross-national Panel Data
BT  - Proceedings of the 3rd International Conference on Contemporary Education, Social Sciences and Humanities (ICCESSH 2018)
PB  - Atlantis Press
SP  - 962
EP  - 968
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccessh-18.2018.221
DO  - 10.2991/iccessh-18.2018.221
ID  - He2018/07
ER  -