How should resource‐rich countries diversify? Estimating forward‐linkage effects of mining on productivity growth
| العنوان: | How should resource‐rich countries diversify? Estimating forward‐linkage effects of mining on productivity growth |
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| المؤلفون: | Omar Joya |
| المصدر: | Economics of Transition and Institutional Change. 27:457-473 |
| بيانات النشر: | Wiley, 2018. |
| سنة النشر: | 2018 |
| مصطلحات موضوعية: | Economics and Econometrics, Resource (biology), business.industry, Natural resource economics, 050204 development studies, 05 social sciences, Economics, Econometrics and Finance (miscellaneous), Diversification (marketing strategy), Natural resource, 0502 economics and business, Economics, Production (economics), 050207 economics, business, Empirical evidence, Productivity, Downstream (petroleum industry), Panel data |
| الوصف: | Resource‐rich countries willing to diversify their economies are faced with dual policy options; to either develop resource‐based industries, or diversify their economies as a whole and invest into new activities that are not necessarily resource dependent. Not only does the economic theory fail to provide a consensual guidance on this issue but empirical evidence is also lacking. This paper empirically assesses which of these two patterns of diversification is associated with higher productivity growth outcomes for resource‐rich countries. Using panel data for 50 resource‐abundant countries over the period 1970–2010, I find that stronger downstream linkages to mining and extractives do not lead to productivity enhancements. Broadening and diversifying the production structure as a whole offers potential for productivity growth at higher levels of income. |
| تدمد: | 2577-6983 2577-6975 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::10384c6be83722b279751e9fe3ea2d94 https://doi.org/10.1111/ecot.12191 |
| حقوق: | CLOSED |
| رقم الأكسشن: | edsair.doi...........10384c6be83722b279751e9fe3ea2d94 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 25776983 25776975 |
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