{"title":"Governance effects on resource rent management and resource pollution","authors":"Xiaokang Wang , Ting Su","doi":"10.1016/j.resourpol.2024.105361","DOIUrl":null,"url":null,"abstract":"<div><div>The issue of the resource curse has become critical for resource-rich countries in recent decades. This study empirically examines the impact of governance quality on the resource curse in 20 major resource-rich nations from 2004 to 2019. Using World Bank governance indicators, it assesses the effects of voice and accountability, government effectiveness, and control of corruption on a composite resource curse index, which includes resource rent and pollution. CS-ARDL results show that improvements in governance indicators reduce the resource curse in both the short and long term, with the largest impact seen from control of corruption. These findings highlight the crucial role of governance in addressing the resource curse.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"98 ","pages":"Article 105361"},"PeriodicalIF":10.2000,"publicationDate":"2024-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Resources Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0301420724007281","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"0","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
The issue of the resource curse has become critical for resource-rich countries in recent decades. This study empirically examines the impact of governance quality on the resource curse in 20 major resource-rich nations from 2004 to 2019. Using World Bank governance indicators, it assesses the effects of voice and accountability, government effectiveness, and control of corruption on a composite resource curse index, which includes resource rent and pollution. CS-ARDL results show that improvements in governance indicators reduce the resource curse in both the short and long term, with the largest impact seen from control of corruption. These findings highlight the crucial role of governance in addressing the resource curse.
期刊介绍:
Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.