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Contribution du Capital Humain dans transmission des effets de l’abondance en ressources naturelles au développement économique des pays de la CEMAC
[Contribution of Human Capital in transmitting the effects of the abundance of natural resources to the economic development of CEMAC countries]

Author

Listed:
  • Ghamsi Deffo, Salomon Leroy
  • Ajoumessi Houmpe, Donal
  • Dasi Yemkwa, Gyslin Hermann

Abstract

Recent studies have shown that economies rich in natural resources (NR) are generally less developed than those which do not have them. However, the CEMAC countries are not excluded from this observation; hence the aim of our study is to determine on the first hand the effects of natural resources on economic development in CEMAC countries and on the other hand, analyze the contribution of human capital in the transmission of these effects. Results of the estimation by the fixed-effect method show that the abundance of natural resources measured by: total rent, oil rent and forest rent has a negative and significant effect on economic development. Likewise, human capital contributes to the transmission of these effects. The minimum education rate beyond which natural resources no longer have a negative effect on economic development, measured by the logarithm of GDP, is approximately 0.52, 0.51 and 0.48 respectively when considering total rent, oil rent and forest rent. This result is confirmed when using two stages least squared and maximum likelihood method.

Suggested Citation

  • Ghamsi Deffo, Salomon Leroy & Ajoumessi Houmpe, Donal & Dasi Yemkwa, Gyslin Hermann, 2020. "Contribution du Capital Humain dans transmission des effets de l’abondance en ressources naturelles au développement économique des pays de la CEMAC [Contribution of Human Capital in transmitting t," MPRA Paper 104663, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:104663
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    References listed on IDEAS

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    More about this item

    Keywords

    Natural rent; economic development; human capital;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • E0 - Macroeconomics and Monetary Economics - - General
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation

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