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Regime types, ideological leanings, and the natural resource curse

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  • Chong-Sup Kim

    (Seoul National University)

  • Seungho Lee

    (Korea Military Academy)

Abstract

While many consider institutional quality as a central explanatory variable when finding what causes the variance in per capita GDP growth performance of resource-abundant countries, this paper attempts to focus on more structural factors: regime type and its ideological approaches to economic policy. Several joint effects of natural resource abundance and regime type on growth are found. The natural resource curse is likely to be more severe in authoritarian regimes than democratic regimes. Among democracies, it is found that the natural resource curse is more salient in presidential regimes than in parliamentary regimes. This paper also suggests that the natural resource curse is more likely when a certain type of democratic regime coincides with a particular ideological orientation of the regime with respect to economic policy. Presidential democracies with left-wing economic policy are found to be least growth enhancing among the combinations between regime type and its economic ideology offered, given similar levels of natural resource abundance.

Suggested Citation

  • Chong-Sup Kim & Seungho Lee, 2018. "Regime types, ideological leanings, and the natural resource curse," Constitutional Political Economy, Springer, vol. 29(1), pages 1-19, March.
    • Handle: RePEc:kap:copoec:v:29:y:2018:i:1:d:10.1007_s10602-017-9245-y
    DOI: 10.1007/s10602-017-9245-y
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    2. Njangang, Henri & Asongu, Simplice A. & Tadadjeu, Sosson & Nounamo, Yann & Kamguia, Brice, 2022. "Governance in mitigating the effect of oil wealth on wealth inequality: A cross-country analysis of policy thresholds," Resources Policy, Elsevier, vol. 76(C).

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