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The Impact of natural resources on economic development in Africa

PORTUGAL, Kilton Jose Luis Lauter

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Abstract

This paper studied the association between economic development in Africa and natural resource wealth founded on panel data econometric techniques. With three different indicators that could proxy for resource dependence, the outcomes suggested that natural resources were important to predict economic growth in African countries. Some indicators have negative and other indicators have positive coefficients and are not statistically significant in all the models estimated. Overall, the results show that the natural resources were insignificant to predict economic development in Africa, at least over the sample period considered.

The evidence is robust to alternative model specifications such as different sets of control variables and regression methods.

Advisors
Wang, Shun
Department
KDI School, Master of Development Policy
Issue Date
2016
Publisher
KDI School
Description
Thesis(Master) --KDI School:Master of Development Policy,2016
Keywords
Natural resources--Africa.; Economic development--Africa.
Contents
1. Introduction

2. Literature Review

3. Background of Economic Development in Africa

4. The Data Collection and Specification

5. Methodology

6. Empirical Results

7. Conclusions Remarks
Pages
viii, 35 p.
URI
https://archives.kdischool.ac.kr/handle/11125/31904
Type
Thesis
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