لعنة الموارد الطبيعية : اختبار تجريبي لعينة من البلدان النفطية باستخدام نماذج بانال الديناميكية

Abstract EN

This study attempted to empirically test the exposure of a sample of 30 oil-producing countries to the so-called natural resource curse.

The study was based on extended panel data over the period 1996-2017 and using dynamic panel models and the GMM estimation method.

The natural resource rent as a percentage of GDP has been adopted as an indicator of natural resource abundance.

The results of the estimation show that the oil resource rent has a positive impact on GDP per capita, since each 1% increase in the volume of the oil resource rent corresponds to a 0.03% increase in income per capita GDP, with the stability of all other factors, and the Natural Resource Rent parameter is significant at the 10% level, which means that the oil resource curse has no effect on economic growth in the thirty oil-producing countries included in the study.