Health outcomes and the resource curse paradox: The experience of African oil-rich countries

Oduyemi, Gabriel O.; Owoeye, Taiwo; Adekoya, Oluwasegun B.

doi:10.1016/j.resourpol.2021.102201

Cited by 20 publications

(7 citation statements)

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“…A large number of scholars have discussed the causes of the resource curse from different levels and formed many insightful and policy inspired research results, mainly including: "Dutch disease" effect (Liu et al, 2020) [1], crowding out effect (Oduyemi et al, 2021) [2] , institutional weakening effect (Zhang et al, 2021) [3] , and deteriorating terms of trade (Shammari & AL Obaid, 2018) [4] . The deteriorating terms of trade theory mainly focuses on international trade, and in the process of analysis, it ignores the exchange of products between domestic regions, that is, cross provincial trade.…”

Section: Literature Analysismentioning

confidence: 99%

Resource-based Industries and Regional Economic Growth Under Carbon Peaking and Carbon Neutrality Constraints

Zheng

2023

SHS Web Conf.

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The article has improved the contrast rate decomposition method, and based on this, it has compiled the 2007 and 2017 non supplementary input-output table of Shanxi Province. After deducting the influence of other provinces, it measures the role of various industries in economic growth. Through comparative analysis with the traditional input-output table, it is found that the role of resource industries in local economic growth has been seriously overestimated.

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Section: Literature Analysismentioning

confidence: 99%

Resource-based Industries and Regional Economic Growth Under Carbon Peaking and Carbon Neutrality Constraints

Zheng

2023

SHS Web Conf.

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“…Other studies showed that natural resource dependence leads to more conflict, lower levels of democracy, more corruption, and lower institutional quality, thus leading to slower growth and development in these countries (Acemoglu et al, 2005; Andersen & Ross, 2014; Asiamah et al, 2022; Lessmann & Steinkraus, 2019; Papyrakis, 2017; Van der Ploeg & Poelhekke, 2017). Although some studies have investigated the impact of resource dependence on various measures of welfare in Africa, such as education, health, GDP per capita, income inequality and happiness (Oduyemi et al, 2021; Sebri & Dachraoui, 2021; Tadadjeu et al, 2020), not much is done on the Human Development Index (HDI) as an aggregate measure of welfare. Reference is made to Sinha and Sengupta (2019) and Noumba et al (2022) in recent years who investigated the effect of natural resource dependence on HDI and found a detrimental effect on welfare.…”

Section: Literature Reviewmentioning

confidence: 99%

“…The HDI assesses a country's development based on indicators such as life expectancy, education, and per capita income (UNDP, 2022). Most studies in the literature have used individual measures (Oduyemi et al, 2021; Sebri & Dachraoui, 2021). However, by using the composite measure as employed by Sinha & Sengupta, (2019) and Noumba et al, (2022), this study aims to capture the true measure of African welfare.…”

Section: Introductionmentioning

confidence: 99%

Natural resource dependence, policy and institutions for environmental sustainability and African welfare

Mpuure,

Mengba

2023

Sustainable Development

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In developing countries, particularly in Africa, dependence on natural resources poses a threat to development, leading to poor health, reduced productivity, and increased poverty among nations. This raises significant concerns for the prospects and welfare of Africa, given the rising environmental pollution. However, the literature on the mitigating effect of policies and institutions for environmental sustainability (PIES) on resource‐dependent countries in Africa is scarce. As a result, this study explores the effects of natural resource dependence and the mediating effect of PIES on under‐five mortality and human development in Africa. This novel hypothesis may contribute to the divergent differences in African welfare. Using a panel of 30 resource‐dependent countries spanning 2005 to 2021 and employing the two‐step dynamic generalized method of moments, the study provides evidence in support of the novel hypothesis. The findings show that dependence on natural resources can be either a blessing or a curse for African countries, depending on the degree to which environmental sustainability is embraced. Furthermore, a heterogeneous analysis demonstrates significant support for countries with high policies and institutions for environmental sustainability in mitigating the negative impacts of natural resource dependence on welfare. The study concludes that dependence on natural resources without environmental sustainability cannot guarantee a balance between the well‐being of the economy and the environment. Therefore, environmental management should not be politically motivated so as to sustainably improve human well‐ being in Africa.

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“…The depletion of natural resources is sometimes blamed for the economy's poor performance. A wealth of natural resources in a country with a weak economy is a paradox, as is the natural resource curse theory [76]. Although it may be difficult for the human mind to get its head around, research conducted over many years, notably since the 1980s, has shown that access to natural resources is just one of several drivers of economic growth.…”

Section: Natural Resource Abundant Theorymentioning

confidence: 99%

The Economic Value of Natural Resources and Its Implications for Pakistan’s Economic Growth

et al. 2022

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Natural resources and ecological services provide the foundation for manufactured capital, increasing public financing and decreasing inequality by diversifying the economy. The exploitation of natural resources is frequently the backbone of economic stability in developing and middle-income nations. As a result of their importance, natural resources need vigilant and long-term management. Recent research has tested two hypotheses, the natural resource blessing hypothesis and the natural resource curse hypothesis, on the impact of a country’s natural resources on its economy. This research is an essential contribution to the growing body of work that attempts to quantify natural resource endowments’ role in national economic growth. Investigations focus on Pakistan and span the years 1975 through 2020. Robust Least Square (RLS) estimations show that coal rents, energy use, inbound FDI, and oil rents contribute to a country’s economic growth. While consumption of renewable energy sources and industrial value-added have a detrimental effect. Natural resources, foreign direct investment, energy consumption, and industrial ecology are predicted to significantly impact economic growth during the next decade, according to the Impulse Response Function (IRF) and the Variance Decomposition Analysis (VDA). The findings may provide helpful information for academic and governmental institutions to develop natural resource management policies for sustainable development.

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Health outcomes and the resource curse paradox: The experience of African oil-rich countries

Cited by 20 publications

References 50 publications

Resource-based Industries and Regional Economic Growth Under Carbon Peaking and Carbon Neutrality Constraints

Resource-based Industries and Regional Economic Growth Under Carbon Peaking and Carbon Neutrality Constraints

Natural resource dependence, policy and institutions for environmental sustainability and African welfare

The Economic Value of Natural Resources and Its Implications for Pakistan’s Economic Growth

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