On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries

On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries

The focus of the paper is to analyse the relation between institutions on cross-country economic development in Natural Resource Rich countries and OECD countries. The paper emphasizes the effects of economic freedom that interacts with total resource rents on total factor productivity, covering 30...

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Main Authors: Veysel ULUSOY, Cumhur TAŞ
Format: Article
Language:English
Published: General Association of Economists from Romania 2017-09-01
Series:Theoretical and Applied Economics
Subjects:
natural resources
economic freedom
total productivity growth
generalized method of moments (GMM)
instrumental variables (IV) estimation
Online Access: http://store.ectap.ro/articole/1301.pdf
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spelling doaj-c0a0855024f849d2bdd741432abf37312020-11-25T00:16:08ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292017-09-01XXIV317319218418678On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countriesVeysel ULUSOY0Cumhur TAŞ1 Yeditepe University, Turkey Yeditepe University, Turkey The focus of the paper is to analyse the relation between institutions on cross-country economic development in Natural Resource Rich countries and OECD countries. The paper emphasizes the effects of economic freedom that interacts with total resource rents on total factor productivity, covering 30 Natural Resource Rich, 34 OECD countries in dynamic panel data for the period of 2000-2013. Findings suggest that as economic freedom increases along with resource rents, total factor productivity increases for natural resource rich countries. The results are mixed for OECD countries. http://store.ectap.ro/articole/1301.pdf natural resourceseconomic freedomtotal productivity growthgeneralized method of moments (GMM)instrumental variables (IV) estimation
collection DOAJ
language English
format Article
sources DOAJ
author Veysel ULUSOY
Cumhur TAŞ
spellingShingle Veysel ULUSOY
Cumhur TAŞ
On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries
Theoretical and Applied Economics
natural resources
economic freedom
total productivity growth
generalized method of moments (GMM)
instrumental variables (IV) estimation
author_facet Veysel ULUSOY
Cumhur TAŞ
author_sort Veysel ULUSOY
title On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries
title_short On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries
title_full On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries
title_fullStr On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries
title_full_unstemmed On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries
title_sort on the effects of total productivity growth of economic freedom and total resource rents: the case of both natural resource rich and oecd countries
publisher General Association of Economists from Romania
series Theoretical and Applied Economics
issn 1841-8678
1844-0029
publishDate 2017-09-01
description The focus of the paper is to analyse the relation between institutions on cross-country economic development in Natural Resource Rich countries and OECD countries. The paper emphasizes the effects of economic freedom that interacts with total resource rents on total factor productivity, covering 30 Natural Resource Rich, 34 OECD countries in dynamic panel data for the period of 2000-2013. Findings suggest that as economic freedom increases along with resource rents, total factor productivity increases for natural resource rich countries. The results are mixed for OECD countries.
topic natural resources
economic freedom
total productivity growth
generalized method of moments (GMM)
instrumental variables (IV) estimation
url http://store.ectap.ro/articole/1301.pdf
work_keys_str_mv AT veyselulusoy ontheeffectsoftotalproductivitygrowthofeconomicfreedomandtotalresourcerentsthecaseofbothnaturalresourcerichandoecdcountries
AT cumhurtas ontheeffectsoftotalproductivitygrowthofeconomicfreedomandtotalresourcerentsthecaseofbothnaturalresourcerichandoecdcountries
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