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

Shakti Mohan Tandi and Prajna Paramita Mishra
Additional contact information
Shakti Mohan Tandi: University of Hyderabad, India
Prajna Paramita Mishra: University of Hyderabad, India

Theoretical and Applied Economics, 2020, vol. XXVII, issue 2(623), Summer, 191-204

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. (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://store.ectap.ro/articole/1461.pdf (application/pdf)
http://www.ectap.ro/articol.php?id=1461&rid=139 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:2(623):y:2020:i:2(623):p:191-204

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().