Natural Resources, Conflict and Growth Nexus

Natural Resources, Conflict and Growth Nexus

Using panel data and GMM estimators we find that conflict and less developed countries (LDCs) natural resources have a positive and significant impact on GDP in the developed countries (DCs), while the lagged value of the conflict coefficient has a negative and significant impact on GDP in the LDCs...

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Veröffentlicht in:Asian economic and financial review 2013-08, Vol.3 (8), p.1063
1. Verfasser: Wizarat, Shahida
Format: Artikel
Sprache:eng
Schlagworte:
Coal
Developing countries
Economic development
Economic growth
Economic impact
Economic models
Economic statistics
Economic theory
Exports
Foreign exchange rates
GDP
Generalized method of moments
Gross Domestic Product
Human capital
Hypotheses
LDCs
Mineral reserves
Natural resources
Per capita
Property rights
Studies
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Zusammenfassung:Using panel data and GMM estimators we find that conflict and less developed countries (LDCs) natural resources have a positive and significant impact on GDP in the developed countries (DCs), while the lagged value of the conflict coefficient has a negative and significant impact on GDP in the LDCs for the period 1980-2006. In the conflict model using panel data and GMM estimates on oil, gas and coal production in the LDCs have a profound impact on world conflict. [PUBLICATION ABSTRACT]
ISSN:2305-2147
2222-6737