Sedighi Somayeh and Szanyi Miklós: Good governance: does it improve manufacturing export in resource-rich countries?
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Abstract
Resource-rich countries experience a slow development rate in manufacturing sectors compared to countries with scarce resources. it has been a challenge to demystify the slow development in manufacturing sectors in those countries, therefore this study aimed to develop an efficient model to estimate the effects of good governance and natural resource rents on the performance of manufacturing export in countries endowed in natural resources. In this study world bank data for the year, 2000 to 2016 and the panel data model from 14 countries rich in natural resources were used alongside the six dependent variable indices including good governance, natural resource rents, real exchange rate, and gross domestic product (GDP). The results revealed that an increase in natural resources (NR), rule of low (RL), control of corruption (CC) as well as a reduction in inflation (INF) in countries under investigation will lead to increase in Manufacturing export. As well as an increase in Real Exchange Rate (RER) will lead to a reduction in the Manufacturing export of these countries. Hence demystify the slow development rate in manufacturing sectors in resource-rich countries.
| Item Type: | Conference or Workshop Item |
|---|---|
| Heading title: | Regionális és lokális gazdaságfejlesztés |
| Journal or Publication Title: | The Challenges of Analyzing Social and Economic Processes in the 21st Century |
| Date: | 2020 |
| Page Range: | pp. 140-147 |
| Language: | English |
| Place of Publication: | Szeged |
| Event Title: | Társadalmi és gazdasági folyamatok elemzésének kérdései a XXI. században |
| Event Type: | Conference |
| Event Location: | Szeged |
| Event Dates: | 2019 |
| Related URLs: | http://acta.bibl.u-szeged.hu/id/eprint/71996 |
| DOI: | 10.14232/casep21c.10 |
| Uncontrolled Keywords: | Gazdaságpolitika, Feldolgozóipar |
| Additional Information: | Bibliogr.: 147. p. ; összefoglalás angol nyelven |
| Subjects: | 05. Social sciences 05. Social sciences > 05.02. Economics and business |
| Date Deposited: | 2021. Feb. 16. 14:33 |
| Last Modified: | 2023. Mar. 02. 14:39 |
| URI: | http://acta.bibl.u-szeged.hu/id/eprint/72033 |
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