Natural resources and economic growth in Africa: The role of institutional quality and human capital

By Oumarou Zallé. Resources policy, 2019

316 citations recorded by the source corpus.

Abstract The aim of this work is to analyse the conditional effects of natural resource dependence on human capital and the quality of institutions on economic growth. Unlike most previous work, which only considers each of these interactive effects separately, this article combines the interactive effects between natural resources and institutions on the one hand and natural resources and human capital on the other in the same model. To do this, we estimated an Autoregressive Distributed Lag model on a sample of 29 countries, in which there was an average level of dependency of 19.53% from 2000 to 2015. Considering the interaction between natural resources and institutional capital on the one hand and natural resources and human capital on the other shows that the coupe human capital-corruption is an appropriate lever to take advantage of natural resources in Africa countries. These results suggest that African countries must simultaneously strengthen investments in human capital and fight against corruption to turn the curse of natural resources into a blessing.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/20ca680f7d40d23e9e48559d684c10a04fb95d0b

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

Citations in the corpus

Resource rents and inclusive human development in developing countries (2021, background): “Zalle (2019) employing the ARDL modelling approach argues that natural resources enhance human capital development in Africa.”