Algeria and the natural resource curse: oil abundance and economic growth

References

• Acemoglue, D., Johnson, S., & Robinson, J. (2005). Institutions as a fundamental cause of long-run growth. In Philippe Aghion, & Steven N Durlauf (Eds.), Handbook of economic growth (Vol. 1, pp. 386–414). North Holland: Elsevier.
   Google Scholar
• Akacem, M., & Cachanosky, N. (2017). The myth of the resource curse: A case study for Algeria. Journal of Private Enterprise, 32, 1–15.
   Web of Science ®Google Scholar
• Arezki, R., & Gylfason, T. (2011). Commodity price volatility, democracy and economic growth. In Olivier de La Grandville (Ed.), Frontiers of economics and globalization, economic growth and development (pp. 9–24). Bingley: Emerald Group.
   Google Scholar
• Arezki, R., Hamilton, K., & Kazimov, K. (2011). Resource windfalls, macroeconomic stability and growth: The role of political institutions (IMF Working Paper 11/142). Washington, DC: International Monetary Fund.
   Google Scholar
• Arezki, R., & van der Ploeg, F. (2007). Can the natural resource curse be turned into a blessing? The role of trade policies and institutions (CEPR Discussion Paper 6225).
   Google Scholar
• Auty, R. M., & Gelb, A. H. (2001). The political economy of resource abundant states. In A. M. Auty (Ed.), Resource abundance and economic development (pp. 126–146). Oxford: Oxford University Press.
   Google Scholar
• Auty, R. (1993). Sustaining development in mineral economies: The resource curse thesis. London: Routledge.
   Google Scholar
• Auty, R. M. (2001). The political economy of resource driven growth. European Economic Review, 45, 839–846. doi: 10.1016/S0014-2921(01)00126-X
   Web of Science ®Google Scholar
• Auty, R. M. (2003). Third time lucky for Algeria? Integrating an industrializing oil-rich country into the global economy. Resources Policy, 29, 41. doi: 10.1016/j.resourpol.2004.02.001
   Web of Science ®Google Scholar
• Barro, J. R. (1999). Determinants of democracy. Journal of Political Economy, 107(6), S158–S183. doi: 10.1086/250107
   Web of Science ®Google Scholar
• Bleany, M., & Halland, H. (2009). The resource curse and fiscal policy volatility. CREDIT research paper, 09.
   Google Scholar
• Brollo, F., Nannicini, T., Perotti, R., & Tabellini, G. (2013). The political resource curse. American Economic Review, 103(5), 1759–1796. doi: 10.1257/aer.103.5.1759
   Web of Science ®Google Scholar
• Brunnschweiler, C. N., & Bulte, E. H. (2008). The resource curse revisited and re-vised: A tale of paradoxes and red herrings. Journal of Environmental Economics and Management, 55(3), 248–264. doi: 10.1016/j.jeem.2007.08.004
   Web of Science ®Google Scholar
• Cavalcanti, T. V. d. V., Mohaddes, K., & Raissi, M. (2011a). Growth, development and natural resources: New evidence using a heterogeneous panel analysis. The Quarterly Review of Economics and Finance, 51(4), 305–318. doi: 10.1016/j.qref.2011.07.007
   Google Scholar
• Cavalcanti, T. V. d. V., Mohaddes, K., & Raissi, M. (2011b). Does oil abundance harm growth? Applied Economics Letters, 18(12), 1181–1184. doi: 10.1080/13504851.2010.528356
   Web of Science ®Google Scholar
• Cavalcanti, T. V. d. V., Mohaddes, K., & Raissi, M. (2012). Commodity price volatility and the sources of growth (IMF Working Paper WP/12/12).
   Google Scholar
• Collier, P., & Hoeffler, A. (1998). On economic causes of civil war. Oxford Economic Papers, 50. doi: 10.1093/oep/50.4.563
   Web of Science ®Google Scholar
• Corden, M. (1984). Booming sector and Dutch disease economics: Survey and consolidation. Oxford Economic Paper, New Series, 36, 359–380. doi: 10.1093/oxfordjournals.oep.a041643
   Web of Science ®Google Scholar
• Corden, M., & Neary, P. (1982). Booming sector and de-industrialisation in a small open economy. The Economic Journal, 92, 825–848. doi: 10.2307/2232670
   Web of Science ®Google Scholar
• Darbouche, H. (2011, October). Algeria’s transitions to a sustainable polity coming to yet another crossroads (MEDPRO Technical Report No. 8). Brussels: Centre for European Policy Studies.
   Google Scholar
• Elliot, G., Rothenberg, T. J., & James, J. H. (1996). Effecient tests for autoregressive unit root. Econometrica, 64.
   Web of Science ®Google Scholar
• Esfahani, H. S., & Pesaran, M. H. (2009). The Iranian economy in the twentieth century: A global perspective. Iranian Studies, 42, 177–211. doi: 10.1080/00210860902764896
   Web of Science ®Google Scholar
• Esfahani, H. S., Mohadees, K, & Pesaran, M. H. (2012). An empirical growth model for major oil exporters. CESifo working papers, 37(80).
   Google Scholar
• Esfahani, H. S., Mohaddes, K., & Pesaran, M. H. (2013). Oil exports and the Iranian economy. The Quarterly Review of Economics and Finance, 53(3), 221–237.
   Google Scholar
• Esfahani, H. S., Mohaddes, K., & Pesaran, M. H. (2014). An empirical growth model for major oil exporters. Journal of Applied Econometrics, 29(1), 1–21. doi: 10.1002/jae.2294
   Web of Science ®Google Scholar
• Frankel, J. (2010). The natural resource curse: A survey. National Bureau of Economic Research (NBER), Working paper Number 15836, Cambridge.
   Google Scholar
• Frankel, J. (2012). The natural resource curse: A survey of diagnoses and some prescriptions. In Olivier de La Grandville (Ed.), Frontiers of economics and globalization, economic growth and development (pp. 7–34). Bingley: Emerald Group.
   Google Scholar
• Gelb, A., & Associates. (1989). Oil windfalls: Blessing or curse? World Bank: Oxford University Press.
   Google Scholar
• Gelb, A. (2010). Natural resource, finance, and development: Confronting old and new challenges, Algeria, Algiers 4/5 November 2010.
   Google Scholar
• Global Witness. (2002). New cabinet, same old oil slease?, December 10. Retreived from www.globalwitness.org/library/New-cabinet-same-old-oil-slease
   Google Scholar
• Gylfason, T. (2001). Nature, power and growth. The Scottish Journal of Political Economy, 48(5), 558. doi: 10.1111/1467-9485.00215
   Web of Science ®Google Scholar
• International Monetary Fund. (2000, August). Algeria: Recent economic developments (IMF staff Country Report No. 00/105). Washington, DC: Author.
   Google Scholar
• International Monetary Fund. (2016). Algeria 2016 Article IV consultation Press release and staff report. IMF staff country report, 16(127).
   Google Scholar
• Johansen, S., & Juselius, K. (1992). Testing structural hypotheses in a multivariate cointegration analysis of the PPP and the UIP for UK. Journal of Econometrics, 53, 211–244. doi: 10.1016/0304-4076(92)90086-7
   Web of Science ®Google Scholar
• Lane, P. (2003). The cyclical behavior of fiscal policy: Evidence from the OECD. Journal of Public Economics, 87(12), 2661–2675. doi: 10.1016/S0047-2727(02)00075-0
   Web of Science ®Google Scholar
• Lederman, D., & Maloney, W. F. (2008). In search of the missing resource curse. Economia, 9(1), 1–56.
   Google Scholar
• Leite, C., & Weidmann, J. (1999). Does mother nature corrupt – natural resources, corruption and economic growth (IMF Working Paper 99/85). Washington, DC: International Monetary Fund.
   Google Scholar
• Leong, W., & Mohaddes, K. (2011). Institutions and the volatility curse (Cambridge Working Papers in Economics CWPE 1145).
   Google Scholar
• Lynn , K.T. (1997). The paradox of plenty: Oil booms and petro-states. London: University of California Press.
   Google Scholar
• Manass, P. (2006). Procyclical fiscal policy: Shokes, rules, and institutions, a view from MARS. IMF working paper, 6(27).
   Google Scholar
• Mohaddes, K., & Pesaran, M. H. (2013). One hundred years of oil income and the Iranian economy: A curse or a blessing? (CESifo Working Paper: Empirical and Theoretical Methods, No. 4118).
   Google Scholar
• Neary, P., & van Wijnbergen, S. (1986). Natural resources and the macroeconomy. Cambridge: MIT Press.
   Google Scholar
• Park, J., & Fuller, W. (1995). Alternative estimators and unit root tests for the auto-regressive process. Journal of Time Series Analysis, 16(4), 415–429. doi: 10.1111/j.1467-9892.1995.tb00243.x
   Google Scholar
• Pesaran, M. H., & Shin, Y. (1996). Cointegration and speed of convergence to equilibruim. Journal of Econometrics, 71(1-2), 117–143. doi: 10.1016/0304-4076(94)01697-6
   Web of Science ®Google Scholar
• Pesaran, M. H., & Shin, Y. (1998). Generalized impulse response analysis in linear multivariate models. Economics Letters, 58, 17–29. doi: 10.1016/S0165-1765(97)00214-0
   Web of Science ®Google Scholar
• Pesaran, M. H., Shin, Y., & Smith, R. J. (2000). Structural analysis of vector error correction models with exogenous I(1) variables. Journal of Econometrics, 97, 293–343. doi: 10.1016/S0304-4076(99)00073-1
   Web of Science ®Google Scholar
• Ross, M. (2001). Extractive sectors and the poor. Oxfam America. Retrieved from http://www.oxfamamerica.org/eirexport/index.html
   Google Scholar
• Ross, M. (2012). The oil curse: How petroleum wealth shapes the development of nations. Princeton: Princeton University Press.
   Google Scholar
• Rosser, A. (2007). Escaping the resource curse: The case of Indonesia. Journal of Contemporary Asia, 37(1), 38–58. doi: 10.1080/00472330601104557
   Web of Science ®Google Scholar
• Sachs, J. D., & Warner, A. M. (1995). Natural resource abundance and economic growth (Working Paper 5398). Cambridge: National Bureau of Economic Research.
   Google Scholar
• Sachs, J. D., & Warner, A. M. (1997). Natural resource abundance and economic growth (Working Paper Series WP 5398). Cambridge: NBER.
   Google Scholar
• Sachs, J. D., & Warner, A. M. (1999). The big push, natural resource booms and growth. Journal of Development Economics, 59, 43–76. doi: 10.1016/S0304-3878(99)00005-X
   Web of Science ®Google Scholar
• Sachs, J. D., & Warner, A. M. (2001). The curse of natural resources. European Economic Review, 45, 827–838. doi: 10.1016/S0014-2921(01)00125-8
   Web of Science ®Google Scholar
• Sala-i-Martin, X., & Subramanian, A. (2003). Addressing the natural resource curse: An illustration from Nigeria (Working Paper Series No. 9804). Cambridge, MA: NBER.
   Google Scholar
• Stevens, P. (2003). Resource impact: Curse or blessing? A literature review. Journal of Energy Literature, 9(1), 1–42.
   Google Scholar
• Tornell, A., & Lane, P. R. (1999). The voracity effect. American Economic Review, 89, 22. doi: 10.1257/aer.89.1.22
   Web of Science ®Google Scholar
• Van der Ploeg, R., & Poelhekke, S. (2008). Volatility, financial development and the natural resource curse (Oxford Centre for the Analysis of Resource-rich Economies Paper No 2008/03). Oxford.
   Google Scholar
• Van Wijnbergen, S. (1984). The Dutch disease: A disease after all? Economic Journal, 94, 41. Quarterly Journal of Economics, 99, May. doi: 10.2307/2232214
   Web of Science ®Google Scholar
• Zivot, E., & Andrews, D. (1992). Further evidence on the great crash, the oil price shock, and the unit root hypothesis. Journal of Business and Economic Statistics, 10, 936–954.
   Web of Science ®Google Scholar