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Economic Diversification in Resource Rich Countries: Uncovering the State of Knowledge

Listed author(s):
  • Nouf Alsharif

    ()

    (Department of Economics, University of Sussex)

  • Sambit Bhattacharyya

    (Department of Economics, University of Sussex)

  • Maurizio Intartaglia

    (Department of Economics, University of Sussex)

Diversification is often presented as a desirable policy objective for petroleum rich nations. Yet very little is known about the causes and consequences of diversification in petroleum rich states. In this paper we review the recent literature on diversification in oil-exporting states. We identify gaps and shortcomings in this literature along with documenting some trends in non-oil exports and non-oil private sector employment in hydrocarbon rich countries. We conclude with an agenda for research addressing the potential gaps in the literature.

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Paper provided by Department of Economics, University of Sussex in its series Working Paper Series with number 09816.

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Date of creation: Oct 2016
Handle: RePEc:sus:susewp:09816
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