dc.contributor.author | Zhang, Qiwen | |
dc.contributor.author | Udemba, Edmund Ntom | |
dc.date.accessioned | 2023-03-29T10:19:47Z | |
dc.date.available | 2023-03-29T10:19:47Z | |
dc.date.issued | 2023 | en_US |
dc.identifier.issn | 0301-4207 | |
dc.identifier.issn | 1873-7641 | |
dc.identifier.uri | https://hdl.handle.net/11363/4255 | |
dc.description.abstract | This is a comparative study between two resource endowed economies, Norway and Nigeria towards ascertaining
the impact of the resources in the sustainable development (SD) of the countries. The findings are expected to be
a highlight for the poor performing economy (Nigeria) and to replicate the tested and workable policies of
Norway to Nigeria economic performance. Separate empirical estimates and analyses with quarterly data of
(1992QI-2018QIV and 1992QI-2019QIV) for both countries (Nigeria and Norway) respectively are done for each
in a time series manner. The results from the both autoregressive distributed lag (ARDL) and granger causality for
both countries are as follows: Dutch disease is found via government spending effects and crude oil price on
agriculture. Foreign direct investment (FDI), real gross domestic product (GDP) and real exchange rate are found
positively impacting Nigerian agricultural sectors. The findings for the Norway’s case are as follows: Dutch
disease symptom is found via government spending effects, real exchange rate and crude oil price on
manufacturing sector. From granger causality findings, there is a clear exposition of nexus among the government spending, oil price, FDI and real exchange rate which shows implication of government spending and oil
price in both studies. This is a pointer towards existence of Dutch disease in both countries. This, notwithstanding, Norway as a country is among the best performing economies of the world due to efficient and effective
policies. Nigeria having performed so poor is expected to consider Norway as a model in mitigating her Dutch
diseases. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | ELSEVIER SCI LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, OXON, ENGLAND | en_US |
dc.relation.isversionof | 10.1016/j.resourpol.2022.103253 | en_US |
dc.rights | info:eu-repo/semantics/openAccess | en_US |
dc.rights | Attribution-NonCommercial-NoDerivs 3.0 United States | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/us/ | * |
dc.subject | Dutch disease | en_US |
dc.subject | Comparative study | en_US |
dc.subject | Sustainable development | en_US |
dc.subject | ARDL | en_US |
dc.subject | Nigeria | en_US |
dc.subject | Norway | en_US |
dc.title | Comparative analysis of two resources-based economies: A study of policy recommendation toward sustainable development | en_US |
dc.type | article | en_US |
dc.relation.ispartof | Resources Policy | en_US |
dc.department | İktisadi İdari ve Sosyal Bilimler Fakültesi | en_US |
dc.identifier.volume | 80 | en_US |
dc.identifier.startpage | 1 | en_US |
dc.identifier.endpage | 10 | en_US |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |