IDEAS home Printed from https://ideas.repec.org/p/hal/cesptp/halshs-00611942.html
   My bibliography  Save this paper

Measuring the contribution of extractive industries to local development : the case of oil companies in Nigeria

Author

Listed:
  • Abdou Kâ Diongue

    () (UFR SAT - Université Gaston Berger de Saint-Louis Sénégal)

  • Gaël Giraud

    () (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics, ESCP Europe)

  • Cécile Renouard

    () (ESSEC Business School - Essec Business School)

Abstract

Extractive industries face two main challenges in terms of CSR and poverty reduction : 1) recognize that societal activity is part of their core business ; 2) take part in socio-economic projects that contribute to their stakeholders' empowerment and not only to their living conditions. Based on surveys achieved in Nigeria in 2008, the paper presents two societal performance indices meant to be complementary : the Poverty Exit Index (PEI) and the Relational Capability Index (RCI). We show that, while they have fostered the PEI of the local communities, the development projects of the oil companies had a rather negative impact on their RCI. We then identify key variables that can influence positively the RCI and on which a sensible development policy should focus.

Suggested Citation

  • Abdou Kâ Diongue & Gaël Giraud & Cécile Renouard, 2011. "Measuring the contribution of extractive industries to local development : the case of oil companies in Nigeria," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00611942, HAL.
  • Handle: RePEc:hal:cesptp:halshs-00611942
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00611942
    as

    Download full text from publisher

    File URL: https://halshs.archives-ouvertes.fr/halshs-00611942/document
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Sabina Alkire and Maria Emma Santos, "undated". "Acute Multidimensional Poverty: A New Index for Developing Countries," OPHI Working Papers ophiwp038, Queen Elizabeth House, University of Oxford.
    2. Giraud , Gaël & Renouard, Cécile, 2009. "Relational Capability: An Indicator of Collective Empowerment," ESSEC Working Papers DR 09012, ESSEC Research Center, ESSEC Business School.
    3. Uwafiokun Idemudia, 2009. "Oil Extraction and Poverty Reduction in the Niger Delta: A Critical Examination of Partnership Initiatives," Journal of Business Ethics, Springer, vol. 90(1), pages 91-116, May.
    4. Surya Sen, 1999. "Global financial crisis and economic development," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Aug.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Development indices; capability approach; relational capability; development; poverty; impact assessment.; Indices de développement; approche des capacités; capacité relationnelle; développement; pauvreté; mesure d'impact.;

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:hal:cesptp:halshs-00611942. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.