Natural resource dependence and economic growth in SSA: are there threshold effects?

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dc.contributor.authorDramani, John Bosco
dc.contributor.authorRahman, Yahuza Abdul
dc.contributor.authorSulemana, Mahawiya
dc.contributor.authorTakyi, Paul Owusu
dc.contributor.orcid0000-0002-3640-2664
dc.contributor.orcid0000-0002-8261-3075
dc.contributor.orcid0000-0003-2281-3590
dc.contributor.orcid0000-0001-9033-0764
dc.date.accessioned2024-02-28T11:13:56Z
dc.date.available2024-02-28T11:13:56Z
dc.date.issued2022
dc.descriptionThis is an article published by ohn Bosco Dramani, Yahuza Abdul Rahman, Mahawiya Sulemana & Paul Owusu Takyi (2022) Natural resource dependence and economic growth in SSA: are there threshold effects?, Development Studies Research, 9:1, 230-245, DOI:10.1080/21665095.2022.2112728 To link to this article: https://doi.org/10.1080/21665095.2022.2112728
dc.description.abstractThe debate on the natural resource curse hypothesis has attracted the attention of policy makers and policy analysts for the past few decades. However, the empirical findings on such a hypothesis have proven inconclusive. Our study investigates the threshold effects of natural resource dependence on economic growth in sub-Sahara Africa (SSA) using both aggregate and disaggregate data from 1990 to 2019 by employing a threshold effect model. The results indicate a double threshold effect of natural resource rent on economic growth. In particular, below 6% of GDP, aggregate natural resource rent exerts a significant negative effect on economic growth. However, as the rents increase above 6% to about 15% of GDP its negative effect on economic growth significantly reduces. In addition, beyond 15% of GDP natural resource rent exhibit a substantial significant positive impact on economic growth. Further, the disaggregated data reveal that forest rents exhibit a strong weighty adverse effect on economic growth at all levels of thresholds. The study recommends that governments within the sub region need to put in policies to ensure that natural resources generate at least 15% of GDP annually to promote growth.
dc.description.sponsorshipKNUST
dc.identifier.citationohn Bosco Dramani, Yahuza Abdul Rahman, Mahawiya Sulemana & Paul Owusu Takyi (2022) Natural resource dependence and economic growth in SSA: are there threshold effects?, Development Studies Research, 9:1, 230-245, DOI: 10.1080/21665095.2022.2112728 To link to this article: https://doi.org/10.1080/21665095.2022.2112728
dc.identifier.urihttps://doi.org/10.1080/21665095.2022.2112728
dc.identifier.urihttps://ir.knust.edu.gh/handle/123456789/15556
dc.language.isoen
dc.publisherNatural resource dependence and economic growth in SSA: are there threshold effects?, Development Studies Research,
dc.titleNatural resource dependence and economic growth in SSA: are there threshold effects?
dc.typeArticle
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