Oil resource abundance, institutions and growth: Evidence from oil producing African countries

The study interacted different measures of institutional quality and oil-resource abundance to determine if good institutions can reverse resource curse or enhance resource blessing in African oil rich countries. Result showed that institutional quality insignificantly enhanced per-capita income gro...

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Veröffentlicht in:369 EGFR SIGNALING IMPAIRS THE ANTIVIRAL ACTIVITY OF INTERFERON-ALPHA. - 2013 JPMOD : a social science forum of world issues. - Amsterdam [u.a.]
1. Verfasser: Eregha, P.B. (VerfasserIn)
Weitere Verfasser: Mesagan, Ekundayo Peter (BerichterstatterIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2016transfer abstract
Zugriff auf das übergeordnete Werk:369 EGFR SIGNALING IMPAIRS THE ANTIVIRAL ACTIVITY OF INTERFERON-ALPHA
Schlagworte:O13 O11 Q0
Umfang:17
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520 |a The study interacted different measures of institutional quality and oil-resource abundance to determine if good institutions can reverse resource curse or enhance resource blessing in African oil rich countries. Result showed that institutional quality insignificantly enhanced per-capita income growth, thereby questioning institutional quality in these countries, but surprisingly, the interaction variables were negative and significant alluding to the fact that the quality of institutions in these countries would not be able to reverse the resource curse in these countries. It is therefore expedient to strengthen the quality of the institutions to sustain growth and enhance proper resource management in these countries. 
520 |a The study interacted different measures of institutional quality and oil-resource abundance to determine if good institutions can reverse resource curse or enhance resource blessing in African oil rich countries. Result showed that institutional quality insignificantly enhanced per-capita income growth, thereby questioning institutional quality in these countries, but surprisingly, the interaction variables were negative and significant alluding to the fact that the quality of institutions in these countries would not be able to reverse the resource curse in these countries. It is therefore expedient to strengthen the quality of the institutions to sustain growth and enhance proper resource management in these countries. 
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