Natural Resources, Conflict and Growth Nexus

Shahida Wizarat

Asian Economic and Financial Review, 2013, vol. 3, issue 8, 1063-1082

Abstract: Using panel data and GMM estimators we find that conflict and less developed countries (LDCs) natural resources have a positive and significant impact on GDP in the developed countries (DCs), while the lagged value of the conflict coefficient has a negative and significant impact on GDP in the LDCs for the period 1980-2006. In the conflict model using panel data GMM estimates on oil, gas and coal production in the LDCs have a profound impact on world conflict.

Keywords: GDP; Conflict; Resource abundance; Resource curse; Dutch disease. (search for similar items in EconPapers)
Date: 2013
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