Advanced
Please use this identifier to cite or link to this item: https://digital.lib.ueh.edu.vn/handle/UEH/68847
Full metadata record
DC FieldValueLanguage
dc.contributor.authorEkundayo Peter Mesagan-
dc.contributor.otherAyobola Olufolake Charles-
dc.contributor.otherXuan Vinh Vo-
dc.date.accessioned2023-05-30T02:27:52Z-
dc.date.available2023-05-30T02:27:52Z-
dc.date.issued2023-
dc.identifier.issn0975-4253 (Print), 0976-3546 (Online)-
dc.identifier.urihttps://digital.lib.ueh.edu.vn/handle/UEH/68847-
dc.description.abstractThe study examines the role of natural resources in promoting income growth and industrial performance among twenty-two (22) resource-rich African nations from 1999 to 2019. The explained regressors include economic growth and industrial development, while natural resources, control of corruption, foreign direct investment, gross capital formation and trade openness are the predictors. The employed panel ARDL estimation reveals that economic growth positively but insignificantly impacted short-term natural resource wealth. Again, natural resources negatively and significantly affect growth, implying the reality of the resource curse syndrome in the selected resource-rich African countries. Also, natural resources significantly but negatively impact long-run industrial development. The findings indicate that resource-rich African economies must channel their resource revenues into developing and boosting their industrial sectors.en
dc.formatPortable Document Format (PDF)-
dc.languageeng-
dc.publisherElsevier Ltd.-
dc.relation.ispartofResources Policy-
dc.relation.ispartofseriesVol. 82-
dc.rightsElsevier Ltd.vi
dc.subjectEconomic growth-
dc.subjectIndustrial development-
dc.subjectNatural resources-
dc.subjectAfrica-
dc.titleThe relevance of resource wealth in output growth and industrial development in Africa-
dc.typeJournal Article-
dc.identifier.doihttps://doi.org/10.1016/j.resourpol.2023.103517-
ueh.JournalRankingScopus-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.grantfulltextnone-
item.cerifentitytypePublications-
item.fulltextOnly abstracts-
item.openairetypeJournal Article-
Appears in Collections:INTERNATIONAL PUBLICATIONS
Show simple item record

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.