Theoretical and Applied Economics
No. 3 / 2017 (612), Autumn
On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries
Yeditepe University, Turkey
Cumhur TAŞ
Yeditepe University, Turkey
Abstract. 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.
Contents
The European Union's strategy for increasing the living conditions of the population in the member states
Does institutional environment affect the economic development? Evidence from selected CEE countries
Causality between economic policy uncertainty and exchange rate in China with considering quantile differences
An agency theory approach on Romanian listed companies’ capital structure
What impact has free trade area on economies of ASEAN-5 countries?
Is more government debt or currency depreciation expansionary? The case of Poland
Long-memory, self-similarity and scaling of the long-term government bond yields: Evidence from Turkey and the USA
Hard currency inflows and sterilization policy in Algeria: An ARDL approach
Evaluating Indian economy’s vulnerability to currency crisis
Impact of fiscal responsibility legislations on state finances in India
Does fiscal policy spur economic growth? Empirical evidence from Algeria
Financial conditions index (FCI), inflation and growth: Some evidence
On the effects of total productivity growth of economic freedom and total resource rents: The case of both natural resource rich and OECD countries