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Natural Resources, Conflict and Growth Nexus

  • Shahida Wizarat

    (Director Research, Chief Editor Pakistan Business Review & HOD Economics, Institute of Business Management (IOBM))

Registered author(s):

    Using panel data and GMM estimators we find that conflict and less developed countries (LDCs) natural resources have a positive and significant impact on GDP in the developed countries (DCs), while the lagged value of the conflict coefficient has a negative and significant impact on GDP in the LDCs for the period 1980-2006. In the conflict model using panel data and GMM estimates on oil, gas and coal production in the LDCs have a profound impact on world conflict.

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    Article provided by Asian Economic and Social Society in its journal Asian Economic and Financial Review.

    Volume (Year): 3 (2013)
    Issue (Month): 8 (August)
    Pages: 1063-1082

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    Handle: RePEc:asi:aeafrj:2013:p:1063-1082
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