HomeDespre ECTAEventsPolitica editorialaTrimite un articolParteneri / link-uri utileArchiveAbonamentContact

ISSN 1841-8678   (print)
ISSN 1844-0029   (online)


Archive ECTAP

Note: for the period 1994-2003 the archive of the magazine will not be available online

Supplements ECTAP

If you cannot open the pdf file you need Adobe Reader.
download Adobe Reader

Creative Commons License

Theoretical and Applied Economics
No. 2 / 2020 (623), Summer

Are resources a curse or blessings? Evidence from panel ARDL model

Shakti Mohan TANDI
University of Hyderabad, India
Prajna Paramita MISHRA
University of Hyderabad, India

Abstract. The present study investigates the resource curse hypothesis in mining-rich districts of Odisha by taking variables such as natural resource abundance, economic growth, investment, human resource development, financial development and institutional quality over the period 1995-2015. The panel ARDL model is applied in order to estimate the long-rum relationship among variables based on three alternative estimators such MG, PMG and DFE. The study finds that there is a negative relationship between natural resource abundance and economic growth in the long-run. The results confirm the existence of natural resource curse in Odisha possibly because of weak institutions and lack of appropriate policies.

Keywords: natural resource abundance, economic growth, panel ARDL, Odisha.

Download the full article:  


Open acces




The Economicity. The Epistemic Landscape, Marin Dinu, 2016


ISSN 1841-8678 (ediția print) / ISSN 1844-0029 (ediția online)
© Copyright Asociația Generală a Economiștilor din România (AGER) / General Association of Economists From Romania  (GAER)
Redacția: 010702, București, Calea Griviței nr. 21, sector 1, E-mail:

© 2006-2020 AGER