The Impact of Commodity Price Changes on Economic Growth in Developing Countries : An Empirical Investigation 1980 - 2010
| المصدر: | المجلة العلمية للبحوث والدراسات التجارية |
|---|---|
| الناشر: | جامعة حلوان - كلية التجارة وإدارة الاعمال |
| المؤلف الرئيسي: | Emara, Noha (Author) |
| مؤلفين آخرين: | Simutowe, Amon (Co-Author) , Jamison, Tricia (Co-Author) |
| المجلد/العدد: | مج28, ع2 |
| محكمة: | نعم |
| الدولة: |
مصر |
| التاريخ الميلادي: |
2014
|
| الصفحات: | 1 - 32 |
| رقم MD: | 713791 |
| نوع المحتوى: | بحوث ومقالات |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| رابط المحتوى: |
عدد مرات التحميل
18
| المستخلص: |
Using panel data 43 developing countries over the period 1980-2010, the paper examines the impact of the Commodity Terms of Trade Index on the real GDP per capital growth in developing countries. The study finds that for all countries in the sample, an increase in the CTOT index instantaneously leads to a statistically positive impact on the GDP per capital growth rate. Furthermore, the study finds evidence of resource curse under the Commodity Terms of Trade Index in developing countries. This suggests the need for improved management in the natural resources of developing countries. The energy sector proves to independently account for a resource curse. Better management is needed in the energy sector to counter the resource curse that has been reflected in the regression estimates especially in countries with a low score on the governance index. |
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