IDEAS home Printed from https://ideas.repec.org/a/cai/meddbu/med_179_0031.html
   My bibliography  Save this article

De l’instabilité macro-économique à la malédiction des ressources naturelles

Author

Listed:
  • Majda Seghir

Abstract

In this work, we reconsider the hypothesis of the oil curse literature in the light of macroeconomic instability as the main driver of the curse in oil exporting countries. Based on a gradual regime switching model, we examine the potential nonlinearities in the economic growth's responsiveness to macroeconomic instability within a panel smooth transition regression model. Our findings highlight a nonlinear and negative impact of real exchange rate appreciation, high public expenditures and price instability on economic growth. These effects are amplified in highly oil dependent countries.

Suggested Citation

  • Majda Seghir, 2017. "De l’instabilité macro-économique à la malédiction des ressources naturelles," Mondes en développement, De Boeck Université, vol. 0(3), pages 31-44.
  • Handle: RePEc:cai:meddbu:med_179_0031
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=MED_179_0031
    Download Restriction: free

    File URL: http://www.cairn.info/revue-mondes-en-developpement-2017-3-page-31.htm
    Download Restriction: free
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:meddbu:med_179_0031. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-mondes-en-developpement.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.