Entele Birku Reta
Department of Technology and Innovation Management, Adama Science and Technology University, P.O. box 1888, Adama, Ethiopia.
Heliyon. 2021 Feb 13;7(2):e05961. doi: 10.1016/j.heliyon.2021.e05961. eCollection 2021 Feb.
Countries endowed with abundant natural resource have not shown similar economic growth. Thus, the study investigates why some resource-abundant countries are not successful while others are. By using the fixed effect panel data model, the study examines the role of institutions and ICT services in overcoming the resource curse problem. The study employed panel data from World Bank database for the period of 25 years (1995-2019). The result shows that natural resource abundance and institutional performance indicators have significant negative effect on economic growth in the case of some group of economies, confirming presence of resource curse and institutional curse. However, these economies have the potential to escape the resource curse provided that they able to build human capital, adopt ICT services and build quality of institutions. Therefore, policies that firmly promote building human capital, quality institutions, adoption and usage of ICT services in resource curse economies could help them to escape the curse.
自然资源丰富的国家并未呈现出相似的经济增长。因此,本研究探究为何一些资源丰富的国家未能成功,而其他国家却取得了成功。通过使用固定效应面板数据模型,本研究考察了制度和信息通信技术服务在克服资源诅咒问题中所起的作用。该研究采用了世界银行数据库中25年(1995年至2019年)的面板数据。结果表明,对于某些经济体而言,自然资源丰裕度和制度绩效指标对经济增长具有显著的负面影响,证实了资源诅咒和制度诅咒的存在。然而,只要这些经济体能够积累人力资本、采用信息通信技术服务并提升制度质量,它们就有潜力摆脱资源诅咒。因此,在资源诅咒型经济体中坚定推行积累人力资本、提升制度质量、采用和使用信息通信技术服务的政策,有助于它们摆脱诅咒。