Natural Resources and Economic Growth in Cote D’ivoire

N’Guessan Bi Zambe

Journal of Empirical Economics, 2014, vol. 3, issue 4, 212-220

Abstract: This paper investigated the relationship between long run economic growth in Cote d‟Ivoire and natural resource abundance based on time series econometric techniques other the period of 1960-2012. To assess the nexus between natural resources and economic growth, this study employed the ARDL model, also known as bounds testing approach. The results show that the natural resources negatively and significantly effect on the economic growth. This finding confirms the natural resources curse literature which emphasis that natural resources abundance have the tendency to slow down the economic growth. Hence there is a need to give more attention by implementing a series of policies to receive benefits from the resources abundance.

Keywords: Economic growth; Natural resources abundance; ARDL model (search for similar items in EconPapers)
Date: 2014
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