Open AccessCOMPARATIVE ANALYSIS OF THE INFLUENCE OF OIL AND GAS COMPLEX ON MACROECONOMIC INDEXES OF THE COUNTRIES OF THE WORLD
Author(s) -
Daria M. Cherepanova,
С И Шумилова
Publication year - 2019
Publication title -
interèkspo geo-sibirʹ
Language(s) - English
Resource type - Journals
ISSN - 2618-981X
DOI - 10.33764/2618-981x-2019-2-5-273-279
Subject(s) - resource curse , economics , curse , resource (disambiguation) , panel data , econometric analysis , production (economics) , macroeconomics , econometrics , natural resource , political science , computer network , sociology , anthropology , computer science , law
Nowadays interest in the problem of the “resource curse” has increased. This article examines the patterns of functioning of the “resource curse” in 41 countries, classified by different groups of income and oil production for the period of 1990-2016, based on the analysis of panel data. The results of cross-country econometric studies of the effects of resource dependence are presented, the consequences in terms of economic growth were analyzed, and the situation taking place in Russia was estimated.