The Impact of Nonrenewable Resource Abundance on Factor Shares (in Persian)

Ali Motavasseli () and Najmeh Khani-Saryazdi
Additional contact information
Ali Motavasseli: Department of Economics, Institute for Management and Planning Studies, Tehran, Iran.
Najmeh Khani-Saryazdi: Institute for Management and Planning Studies, Tehran, Iran.

The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی و بودجه), 2019, vol. 24, issue 2, 59-80

Abstract: The share of factors of production in the GDP of a country represents an overall picture of its aggregate production technology. The share of reproducible factors (i.e., physical capital and human capital), and the share of non-reproducible factors (i.e., natural capital and unskilled labor) from total production varies considerably across different countries. In this paper, the impact of nonrenewable resource abundance or dependence on various factor shares is studied. Cross-sectional data of countries using OLS and 2SLS estimates are investigated. The results show that the share of natural capital in GDP is higher in the countries that are more dependent on nonrenewable resources or enjoy resource abundance. Moreover, human capital share and unskilled labor share are both lower in countries with higher degrees of resource dependence. Further research is needed to shed light on how resource abundance or dependence affects factor shares of economies.

Keywords: Total Factor Productivity; Scale Efficiency; Technical Efficiency; Technological Progress Rate; Airline Transportation; Growth Accounting; Stochastic Frontier. (search for similar items in EconPapers)
JEL-codes: E25 O11 O13 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://jpbud.ir/article-1-1848-en.pdf (application/pdf)
http://jpbud.ir/article-1-1848-en.html (text/html)
http://jpbud.ir/article-1-1848-fa.html (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:auv:jipbud:v:24:y:2019:i:2:p:59-80

Access Statistics for this article

More articles in The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی و بودجه) from Institute for Management and Planning studies Contact information at EDIRC.
Bibliographic data for series maintained by Nahid Jebeli ( this e-mail address is bad, please contact ).