Natural Resource Exports, Foreign Aid and Terrorism

Simplice Asongu

International Journal of Development and Conflict, 2019, vol. 9, issue 1, 74-94

Abstract: This study investigates linkages between foreign aid, terrorism and natural resource (fuel and iron ore) exports in 78 developing countries from 1984 to 2008. The empirical evidence is based on interactive GMM estimations with forward orthogonal deviations. Bilateral, multilateral and total aid dynamics are employed whereas terrorism entails: domestic, transnational, unclear and total terrorism dynamics. The following findings are established. First, the information criteria for the validity of specifications corresponding to iron ore exports do not hold. Second, there is evidence of convergence in fuel exports. Third, while the effects of aid dynamics are not significant, the impacts of terrorism dynamics are consistently positive on fuel exports. Fourth, the interaction between terrorism and aid dynamics consistently display negative signs, with corresponding modifying aid thresholds within respective ranges. Unexpected signs are elicited and policy implications discussed. The inquiry improves extant knowledge on nexuses between resources, terrorism and foreign aid.

Keywords: Exports; Foreign Aid; Terrorism; Natural Resources; Development (search for similar items in EconPapers)
JEL-codes: F23 F35 F40 O40 Q34 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ijdc.org.in/uploads/1/7/5/7/17570463/jun_19_art_4_f1.pdf

Related works:
Working Paper: Natural Resource Exports, Foreign Aid and Terrorism (2019)
Working Paper: Natural Resource Exports, Foreign Aid and Terrorism (2019)
Working Paper: Natural Resource Exports, Foreign Aid and Terrorism (2019)
Working Paper: Natural Resource Exports, Foreign Aid and Terrorism (2019)
Working Paper: Natural Resource Exports, Foreign Aid and Terrorism (2019)
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:gok:ijdcv1:v:9:y:2019:i:1:p:74-94

Ordering information: This journal article can be ordered from
http://www.ijdc.org.in/issues.html

Access Statistics for this article

International Journal of Development and Conflict is currently edited by Partha Gangopadhyay

More articles in International Journal of Development and Conflict from Gokhale Institute of Politics and Economics Contact information at EDIRC.
Bibliographic data for series maintained by ().