The Dynamics of Private Sector Development in Natural Resource Dependent Countries

被引：5
|
作者：
Muhamad, Goran M. [1 ]
Heshmati, Almas [2 ]
Khayyat, Nabaz T. [3 ]
机构：
[1] Univ Kurdistan Hawler, Dept Econ, Erbil, Iraq
[2] Jonkoping Univ, Jonkoping Int Business Sch, Room B5017,POB 1026, SE-55111 Jonkoping, Sweden
[3] Seoul Natl Univ, TEMEP, Coll Engn, Seoul, South Korea
来源：
GLOBAL ECONOMIC REVIEW | 2020年 / 49卷 / 04期
关键词：
Resource curse; private sector development; Privatization; natural resource dependency; dynamic flexible adjustment model; FINANCIAL CRISIS; CURSE; LINKAGES; MARKET;
D O I：
10.1080/1226508X.2020.1821745
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper discusses the role of private sector development in overcoming the challenges of the resource curse. It identifies the developmental factors in the private sector in natural resource dependent countries by adapting a dynamic flexible adjustment model. Its empirical results are based on panel data from 110 natural resource producers in developed, developing, and emerging countries during the period 1990-2017. The findings show that natural resource rents can foster private sector development, and the speed of adjustment towards the target level of development is faster in oil and gas exporting countries.
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页码：396 / 421
页数：26
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