Title: Total natural resource rents, trade openness and economic growth in the top mineral-rich countries: New evidence from nonlinear and asymmetric analysis
Authors: Gideon Kwaku Minua Ampofo, Jinhua Cheng, Daniel Akwasi Asante, Philip Bosah
Source: Resources Policy
To Be Published: October 2020
DOI:https://doi.org/10.1016/j.resourpol.2020.101710
Highlights:
We analyze the asymmetric nexus between resource rents and economic growth.
Nonlinear cointegration exists between resource rents, trade openness and growth.
The Nonlinear ARDL and nonparametric causality aproach is applied.
Resource rents does not Granger cause economic growth in most countries.
Heterogeneous results from asymmetric effects confirm resource curse and blessing.