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Total natural resource rents, trade openness and economic growth in the top mineral-rich countries: New evidence from nonlinear and asymmetric analysis

May 26, 2020  

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.


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