The Impact of Mineral Resources on Development in Sub-Saharan Africa
Abstract
The aim of this paper is to identify the impact of natural resources on Human Development Index in the economies of sub-Saharan Africa. We begin with overview of some of the previous studies of natural resources and their impact on economic growth and other economic and non-economic indicators. Then we perform a regression analysis of the impact of the share of natural resources in total export on Human Development Index. The regression analysis showed that the higher share of natural resources in total export leads to the higher value of Human Development Index in the economies dependent on resource exports and has a negative effect in other economies.
References
[1] Akinwale, Yusuf, Opeyemi. 2012. Empirical Analysis of Resource Curse in Nigeria. International Journal of Economics and Management Sciences, 6: 19-25.
[2] Auty, Richard, M. 1993. Sustaining Development in Mineral Economies: The resource curse thesis. London: Routledge. ISBN: 0415094828, 9780415094825
[3] Barbier, Edward, B. 2003. The Role of Natural Resources in Economic Development. Australian Economic Papers, 42: 253-272. DOI: http://dx.doi.org/10.1111/1467-8454.00198
[4] Barro, Robert, J. 1999. Determinants of Democracy. Journal of Political Economy, 107: 158-183. DOI: http://dx.doi.org/10.1086/250107
[5] Bhattacharyya, S., Collier, P. 2014. Public capital in resource rich economies: is there a curse? Oxford Economic Papers, 66: 1-24.
[6] Bruno, M., Sachs, J.. 1982. Energy and Resource Allocation: A Dynamic Model of the Dutch Disease. Review of Economic Studies, 49: 845-859. DOI: http://dx.doi.org/10.2307/2297191
[7] Carbonnier, G., Wagner, N. 2015. Resource Dependence and Armed Violence: Impact on Sustainability in Developing Countries. Defence and Peace Economics, 26: 115-132. DOI: http://dx.doi.org/10.1080/10242694.2013.848580
[8] Carmignani, F., Chowdhury, A. 2012. The Geographical Dimension of the Development Effects of Natural Resources. Environ Resource Econ, 52: 479-498. DOI: http://dx.doi.org/10.1007/s10640-011-9539-x
[9] Cavalcanti, Tiago, Mohaddes, Kamiar, Raissi, Mehdi. 2011. Does oil abundance harm growth? Applied Economics Letters, 18: 1181-1184. DOI: http://dx.doi.org/10.1080/13504851.2010.528356
[10] Černota, Mikuláš. 2014. Cooperation challenges in socio-natural systems under climate variability. Edamba 2014: Proceedings of the International Scientific Conference: 87-91.
[11] Collier, P., Hoeffler, A. 2004. Greed and grievance in civil war. Oxford Economic Papers. 56: 563-596. DOI: http://dx.doi.org/10.1093/oep/gpf064
[12] Corden, Max, W., Neary, Peter, J. 1982. Booming Sector and De-industrialisation in a Small Open Economy. The Economic Journal, 92: 825-848. DOI: http://dx.doi.org/10.2307/2232670
[13] Corden, Max, W. 1984. Booming Sector and Dutch Disease Economics: Survey and Consolidation. Oxford Economic Papers, 36: 359-380.
[14] Daniele, V. 2011. Natural Resources and the ‘Quality’ of Economic Development. Journal of Development Studies, 47: 545-573.
[15] Di John, J. 2007. Oil abundance and violent political conflict: A critical assessment. The Journal of Development Studies, 43: 961-986. DOI: http://dx.doi.org/10.1080/00220380701466450
[16] Hope, Kempe, R. 2000. Foreign Trade and the Exchange Rate in Botswana. The International Trade Journal, 14: 201-223. DOI: http://dx.doi.org/10.1080/088539000271845
[17] Hutchison, Michael, M. 1994. Manufacturing Sector Resiliency to Energy Booms: Empirical Evidence from Norway, the Netherlands and the United Kingdom. Oxford Economic Papers, 46: 311-329.
[18] Jerven, M. 2010. Accounting for the African Growth Miracle: The Official Evidence – Botswana 1965-1995. Journal of Southern African Studies, 36: 73-94. DOI: http://dx.doi.org/10.1080/03057071003607337
[19] Konte, M. 2013. A curse or a blessing? Natural resources in a multiple growth regimes analysis. Applied Economics, 45: 3760-3769. DOI: http://dx.doi.org/10.1080/00036846.2012.730137
[20] Kovářová, E. 2015. Foreign Direct Investment Inflows to Africa: Overview and Current Trends. Journal of International Relations, 13: 69-86.
[21] Larsen, Erling, R. 2006. Escaping the Natural Resource Course and the Dutch Disease? Norway´s Catching up with and Forging ahead of Its Neighbors. The American Journal of Economics and Sociology, 65: 301-318.
[22] Maddison, A. 1991. Dynamic Forces in Capitalist Development: A Long-Run Comparative View. New York: Oxford University Press, 333 pp. ISBN: 0198283970, 9780198283973
[23] Nankani, G. 1979. Development problems of mineral exporting countries. Staff Working Paper, no. SWP354, Volume 1(1), Washington, D.C: The World Bank, Available at: http://documents.worldbank.org/curated/en/ 777281468741386714/Development-problems-of-mineral-exporting-countries
[24] Roland, G. 2006. The Russian Economy in the Year 2005. Post-Soviet Affairs, 22: 90-98. DOI: http://dx.doi.org/10.2747/1060-586X.22.1.90
[25] Ross, Michael, L. 2001. Does Oil Hinder Democracy? World Politics, 53: 325-361. DOI: http://dx.doi.org/10.1353/wp.2001.0011
[26] Ruehle, Alex, A., Kulkarni, K. G. 2011. Dutch Disease and the Chilean Copper Boom. International Journal of Education Economics and Development, 2: 61-80.
[27] Sachs, Jeffrey, D., Warner, Andrew, M. 2001. The curse of natural resources. European Economic Review, 45: 827-838. DOI: http://dx.doi.org/10.1016/S0014-2921(01)00125-8
[28] Saylor, R. 2013. Commodity booms, coalitional politics and government intervention in credit markets. Review of International Political Economy, 21: 640-669. DOI: http://dx.doi.org/10.1080/09692290.2013.806271
[29] Stijns, J-P. 2003. Natural Resource Abundance and Economic Growth Revisited. Resources Policy, 30: 107-130. DOI: http://dx.doi.org/10.1016/j.resourpol.2005.05.001
[30] Torvik, R. 2009. Why do some resource-abundant countries succeed while others do not? Oxford Review of Economic Policy, 25: 241-256. DOI: http://dx.doi.org/10.1093/oxrep/grp015
[31] Van der Ploeg, F. 2011. Natural Resources: Curse or Blessing? Journal of Economic Literature, 49: 366-420. DOI: http://dx.doi.org/10.1257/jel.49.2.366
[32] Van Wijnbergen, Sweder. 1984. The Dutch Disease: A Disease After All? The Economic Journal, 94: 41-55. DOI: http://dx.doi.org/10.2307/2232214
[33] Zagorsek, B. 2014. Working Hours and Its Impact on Quality of Sleep and Motivation. Societas et Iurisprudentia, 2: 98-110. DOI: http://dx.doi.org/10.1093/oxrep/grp015
*** UNDP. Human Development Index. Available at: http://hdr.undp.org/en/content/human-development-index-hdi
[2] Auty, Richard, M. 1993. Sustaining Development in Mineral Economies: The resource curse thesis. London: Routledge. ISBN: 0415094828, 9780415094825
[3] Barbier, Edward, B. 2003. The Role of Natural Resources in Economic Development. Australian Economic Papers, 42: 253-272. DOI: http://dx.doi.org/10.1111/1467-8454.00198
[4] Barro, Robert, J. 1999. Determinants of Democracy. Journal of Political Economy, 107: 158-183. DOI: http://dx.doi.org/10.1086/250107
[5] Bhattacharyya, S., Collier, P. 2014. Public capital in resource rich economies: is there a curse? Oxford Economic Papers, 66: 1-24.
[6] Bruno, M., Sachs, J.. 1982. Energy and Resource Allocation: A Dynamic Model of the Dutch Disease. Review of Economic Studies, 49: 845-859. DOI: http://dx.doi.org/10.2307/2297191
[7] Carbonnier, G., Wagner, N. 2015. Resource Dependence and Armed Violence: Impact on Sustainability in Developing Countries. Defence and Peace Economics, 26: 115-132. DOI: http://dx.doi.org/10.1080/10242694.2013.848580
[8] Carmignani, F., Chowdhury, A. 2012. The Geographical Dimension of the Development Effects of Natural Resources. Environ Resource Econ, 52: 479-498. DOI: http://dx.doi.org/10.1007/s10640-011-9539-x
[9] Cavalcanti, Tiago, Mohaddes, Kamiar, Raissi, Mehdi. 2011. Does oil abundance harm growth? Applied Economics Letters, 18: 1181-1184. DOI: http://dx.doi.org/10.1080/13504851.2010.528356
[10] Černota, Mikuláš. 2014. Cooperation challenges in socio-natural systems under climate variability. Edamba 2014: Proceedings of the International Scientific Conference: 87-91.
[11] Collier, P., Hoeffler, A. 2004. Greed and grievance in civil war. Oxford Economic Papers. 56: 563-596. DOI: http://dx.doi.org/10.1093/oep/gpf064
[12] Corden, Max, W., Neary, Peter, J. 1982. Booming Sector and De-industrialisation in a Small Open Economy. The Economic Journal, 92: 825-848. DOI: http://dx.doi.org/10.2307/2232670
[13] Corden, Max, W. 1984. Booming Sector and Dutch Disease Economics: Survey and Consolidation. Oxford Economic Papers, 36: 359-380.
[14] Daniele, V. 2011. Natural Resources and the ‘Quality’ of Economic Development. Journal of Development Studies, 47: 545-573.
[15] Di John, J. 2007. Oil abundance and violent political conflict: A critical assessment. The Journal of Development Studies, 43: 961-986. DOI: http://dx.doi.org/10.1080/00220380701466450
[16] Hope, Kempe, R. 2000. Foreign Trade and the Exchange Rate in Botswana. The International Trade Journal, 14: 201-223. DOI: http://dx.doi.org/10.1080/088539000271845
[17] Hutchison, Michael, M. 1994. Manufacturing Sector Resiliency to Energy Booms: Empirical Evidence from Norway, the Netherlands and the United Kingdom. Oxford Economic Papers, 46: 311-329.
[18] Jerven, M. 2010. Accounting for the African Growth Miracle: The Official Evidence – Botswana 1965-1995. Journal of Southern African Studies, 36: 73-94. DOI: http://dx.doi.org/10.1080/03057071003607337
[19] Konte, M. 2013. A curse or a blessing? Natural resources in a multiple growth regimes analysis. Applied Economics, 45: 3760-3769. DOI: http://dx.doi.org/10.1080/00036846.2012.730137
[20] Kovářová, E. 2015. Foreign Direct Investment Inflows to Africa: Overview and Current Trends. Journal of International Relations, 13: 69-86.
[21] Larsen, Erling, R. 2006. Escaping the Natural Resource Course and the Dutch Disease? Norway´s Catching up with and Forging ahead of Its Neighbors. The American Journal of Economics and Sociology, 65: 301-318.
[22] Maddison, A. 1991. Dynamic Forces in Capitalist Development: A Long-Run Comparative View. New York: Oxford University Press, 333 pp. ISBN: 0198283970, 9780198283973
[23] Nankani, G. 1979. Development problems of mineral exporting countries. Staff Working Paper, no. SWP354, Volume 1(1), Washington, D.C: The World Bank, Available at: http://documents.worldbank.org/curated/en/ 777281468741386714/Development-problems-of-mineral-exporting-countries
[24] Roland, G. 2006. The Russian Economy in the Year 2005. Post-Soviet Affairs, 22: 90-98. DOI: http://dx.doi.org/10.2747/1060-586X.22.1.90
[25] Ross, Michael, L. 2001. Does Oil Hinder Democracy? World Politics, 53: 325-361. DOI: http://dx.doi.org/10.1353/wp.2001.0011
[26] Ruehle, Alex, A., Kulkarni, K. G. 2011. Dutch Disease and the Chilean Copper Boom. International Journal of Education Economics and Development, 2: 61-80.
[27] Sachs, Jeffrey, D., Warner, Andrew, M. 2001. The curse of natural resources. European Economic Review, 45: 827-838. DOI: http://dx.doi.org/10.1016/S0014-2921(01)00125-8
[28] Saylor, R. 2013. Commodity booms, coalitional politics and government intervention in credit markets. Review of International Political Economy, 21: 640-669. DOI: http://dx.doi.org/10.1080/09692290.2013.806271
[29] Stijns, J-P. 2003. Natural Resource Abundance and Economic Growth Revisited. Resources Policy, 30: 107-130. DOI: http://dx.doi.org/10.1016/j.resourpol.2005.05.001
[30] Torvik, R. 2009. Why do some resource-abundant countries succeed while others do not? Oxford Review of Economic Policy, 25: 241-256. DOI: http://dx.doi.org/10.1093/oxrep/grp015
[31] Van der Ploeg, F. 2011. Natural Resources: Curse or Blessing? Journal of Economic Literature, 49: 366-420. DOI: http://dx.doi.org/10.1257/jel.49.2.366
[32] Van Wijnbergen, Sweder. 1984. The Dutch Disease: A Disease After All? The Economic Journal, 94: 41-55. DOI: http://dx.doi.org/10.2307/2232214
[33] Zagorsek, B. 2014. Working Hours and Its Impact on Quality of Sleep and Motivation. Societas et Iurisprudentia, 2: 98-110. DOI: http://dx.doi.org/10.1093/oxrep/grp015
*** UNDP. Human Development Index. Available at: http://hdr.undp.org/en/content/human-development-index-hdi
Published
2017-05-27
How to Cite
HLAVOVÁ, Natália.
The Impact of Mineral Resources on Development in Sub-Saharan Africa.
Journal of Environmental Management and Tourism, [S.l.], v. 8, n. 1, p. 67-77, may 2017.
ISSN 2068-7729.
Available at: <https://journals.aserspublishing.eu/jemt/article/view/1056>. Date accessed: 21 nov. 2024.
doi: https://doi.org/10.14505//jemt.v8.1(17).06.
Section
Article
Copyright© 2024 The Author(s). Published by ASERS Publishing 2024. This is an open access article distributed under the terms of CC-BY 4.0 license.