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Natural resources and economic growth in Africa: The role of institutional quality and human capital

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  • Zallé, Oumarou

Abstract

The aim of this work is to analyse the conditional effects of natural resource dependence on human capital and the quality of institutions on economic growth. Unlike most previous work, which only considers each of these interactive effects separately, this article combines the interactive effects between natural resources and institutions on the one hand and natural resources and human capital on the other in the same model. To do this, we estimated an Autoregressive Distributed Lag model on a sample of 29 countries, in which there was an average level of dependency of 19.53% from 2000 to 2015.

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  • Zallé, Oumarou, 2019. "Natural resources and economic growth in Africa: The role of institutional quality and human capital," Resources Policy, Elsevier, vol. 62(C), pages 616-624.
    • Handle: RePEc:eee:jrpoli:v:62:y:2019:i:c:p:616-624
    DOI: 10.1016/j.resourpol.2018.11.009
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    More about this item

    Keywords

    K22; J24; Q54; O15; Curse of natural resources; Institutions; Human capital; Economic growth;
    All these keywords.

    JEL classification:

    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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