IDEAS home Printed from https://ideas.repec.org/a/auv/jipbud/v24y2019i2p59-80.html
   My bibliography  Save this article

The Impact of Nonrenewable Resource Abundance on Factor Shares (in Persian)

Author

Listed:
  • Motavasseli, Ali

    (Department of Economics, Institute for Management and Planning Studies, Tehran, Iran.)

  • Khani-Saryazdi, Najmeh

    (Institute for Management and Planning Studies, Tehran, Iran.)

Abstract

The share of factors of production in the GDP of a country represents an overall picture of its aggregate production technology. The share of reproducible factors (i.e., physical capital and human capital), and the share of non-reproducible factors (i.e., natural capital and unskilled labor) from total production varies considerably across different countries. In this paper, the impact of nonrenewable resource abundance or dependence on various factor shares is studied. Cross-sectional data of countries using OLS and 2SLS estimates are investigated. The results show that the share of natural capital in GDP is higher in the countries that are more dependent on nonrenewable resources or enjoy resource abundance. Moreover, human capital share and unskilled labor share are both lower in countries with higher degrees of resource dependence. Further research is needed to shed light on how resource abundance or dependence affects factor shares of economies.

Suggested Citation

  • Motavasseli, Ali & Khani-Saryazdi, Najmeh, 2019. "The Impact of Nonrenewable Resource Abundance on Factor Shares (in Persian)," The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی Ùˆ بودجه), Institute for Management and Planning studies, vol. 24(2), pages 59-80, September.
    • Handle: RePEc:auv:jipbud:v:24:y:2019:i:2:p:59-80
    as

    Download full text from publisher

    File URL: http://jpbud.ir/article-1-1848-en.pdf
    Download Restriction: no
    File URL: http://jpbud.ir/article-1-1848-en.html
    Download Restriction: no
    File URL: http://jpbud.ir/article-1-1848-fa.html
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Total Factor Productivity; Scale Efficiency; Technical Efficiency; Technological Progress Rate; Airline Transportation; Growth Accounting; Stochastic Frontier.;
    All these keywords.

    JEL classification:

    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:auv:jipbud:v:24:y:2019:i:2:p:59-80. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nahid Jebeli (email available below). General contact details of provider: https://edirc.repec.org/data/irpdair.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.