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  • 标题:The resource curse, rule of law and accountability in African countries: a dynamic panel analys
  • 本地全文:下载
  • 作者:Riccardo Marchi Adani ; Roberto Ricciuti
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2014
  • 卷号:34
  • 期号:3
  • 出版社:Economics Bulletin
  • 摘要:We investigate the resource curse phenomenon using the African Governance Index that ranks African countries according to their governance quality. First, we allow countries to endogenously select in good- and bad-governance groups. Secondly, using an Arellano-Bond dynamic panel-data estimation, we analyze the effect on bad-governance countries of the endowment taking into account (i) that institutional quality today depends on institutional quality in recent years and (ii) that the resource endowment today will produce a lagged effect on institutional quality. Our findings confirm the existence of the resource curse problem.
  • 关键词:Resource curse ; African economies ; governance indicators ; rule of law.
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