Theoretical and Applied Economics
No. 2 / 2020 (623), Summer
Are resources a curse or blessings? Evidence from panel ARDL model
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.
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Contents
- Mathematical model used
in substantiating optimal contract
Constantin ANGHELACHE
Dumitru MARIN
Dana Luiza GRIGORESCU
- Migration, economic causes and decisions
Mircea Constantin ȘCHEAU
Ștefan Zaharie POP
Andreea Valentina ȘOIMU
- The voluntary pension funds – a viable solution to supplement
the pensioners' incomes
Mădălina-Gabriela ANGHEL
Dragoș Alexandru HAȘEGAN
- An approach to measuring credit risk
in a banking institution from Romania
Nora CHIRIȚĂ
Ionuț NICA
- Study on the evolution of tourism and perspectives
Ștefan Virgil IACOB
- Investigating personnel dynamics within SMEs:
A survey analysis for the case of Romania
Mădălina Ecaterina POPESCU
Larisa STĂNILĂ
Maria Denisa VASILESCU
- Banking sector and bank liquidity –
key actors within financial crises?
Dan Costin NIŢESCU
Florin Alexandru DUNĂ
Adriana Daniela CIUREL
- Existence of rewards for a sustainable enterprise
in the context of the human resources strategy
Constantin Ciprian IACOB
Nicolae MOROIANU
- Do export, financial development, and institutions
affect FDI outflows?
Insights from Asian developing countries
Pragyanrani BEHERA
Prajukta TRIPATHY
Bikash Ranjan MISHRA
- Are resources a curse or blessings?
Evidence from panel ARDL model
Shakti Mohan TANDI
Prajna Paramita MISHRA
- Tax structure and economic growth
in general category states in India:
A panel auto regressive distributed lag approach
Dillip Kumar MUDULI
Nityasundar MANIK
- Banking Sector Reforms and the Goals
of Nationalised Commercial Banks in India
Kubendran NARAYANASAMY
- Determinants of economic growth in India:
A time series perspective
Manoj Kumar DAS
Titiksha DAS
- Impact of credit guarantee on the output gap:
A panel data analysis of Asian sovereigns
Mohammad MUSTAFA
- Analyzing the robustness of ARIMA and neural networks
as a predictive model of crude oil prices
Sudhi SHARMA
Miklesh YADAV
- Does the agriculture value-added contribute
to the economic growth in 30 African countries?
Salah Eddine SARI HASSOUN
Abdelkader SAHED
Khayereddine Salim ADDA
Asma Hadjira SEBBANE
