Natural resources curse: A reality in Africa

Pr Atangana Ondoa Henri

Resources Policy, 2019, vol. 63, issue C, -

Abstract: The objective of this study is to identify the institutional and economic indicators that are more negatively affected by natural resource rents in Africa. For this purpose, it used the two-stage least squares (2SLS) and data of the World bank (WDI and WGI) for the period 1992–2016.The results show that the most institutional problems caused by natural resources rents are by order: corruption; problem of rule of law or justice; inefficient public administrations; bad regulation; lack of voice and accountability; political instability. Natural resources rents also cause volatility of GDP per capita, leading to low level of physical and human capital accumulation. For these reasons, African countries should promote good governance and diversify their economies.

Keywords: Africa; Natural; Curse and resource (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420719300388
Full text for ScienceDirect subscribers only

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:eee:jrpoli:v:63:y:2019:i:c:30

DOI: 10.1016/j.resourpol.2019.101406

Access Statistics for this article

Resources Policy is currently edited by R. G. Eggert

More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().