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Natural Resources, Conflict and Growth Nexus

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Author(s): Shahida Wizarat

Journal: Asian Economic and Financial Review
ISSN 2305-2147

Volume: 3;
Issue: 8;
Start page: 1063;
Date: 2013;
Original page

Keywords: GDP | conflict | resource abundance | resource curse | Dutch Disease

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.

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