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| Karamat Khan, Xueke Song, Salman Ali Shah and Kishwar Ali |
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| ''Natural resources and economic development: the role of national innovation system'' |
| ( 2023, Vol. 43 No.1 ) |
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| The focus of this paper is to test whether the quality of the national innovation system can change the curse of natural resources into a blessing. To examine the above question, this paper uses the global innovation index and its two sub-indices to proxy the national innovation system. Using data from 98 sample countries over the period 2009–2019, the pooled OLS and IV estimates suggest that the negative growth effects of resource rents may turn positive in countries with strong national innovation systems. |
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| Keywords: Resource curse, natural resource rents; economic development; national innovation system |
JEL: O3 - Technological Change; Research and Development: General
Q3 - Nonrenewable Resources and Conservation: General |
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| Manuscript Received : Apr 13 2022 | | Manuscript Accepted : Mar 30 2023 |
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