NATURAL RESOURCES, CONFLICT AND GROWTH NEXUS
Journal Title: Asian Economic and Financial Review - Year 2013, Vol 3, Issue 8
Abstract
Using panel data and GMM estimators we find that conflict and less developed countries (LDCs) natural resources have a positive and significant impact on GDP in the developed countries (DCs), while the lagged value of the conflict coefficient has a negative and significant impact on GDP in the LDCs for the period 1980-2006. In the conflict model using panel data and GMM estimates on oil, gas and coal production in the LDCs have a profound impact on world conflict.
Authors and Affiliations
Shahida Wizarat| Director Research, Chief Editor Pakistan Business Review & HOD Economics, Institute of Business Management (IOBM), Karachi, Pakistan.
Keywords
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