technology The fourth industrial revolutionsdg

Subject Areas : Chemistry

Alireza  Javani ¹ (تاذتنات)

Received: 2024-03-02 Accepted : 2024-03-02 Published : 2024-03-02

Keywords: Send, Article, Paper,

Abstract :

In countries with abundant natural resources, where the income from exports depends on one or more limited sources, if there are trade barriers, the national income will decrease and cause slow economic growth. The reason for this is attributed to the uneven geographical distribution of abundant resources between countries and the dominant position of this sector in national economies, which raises the issue of trade flows between countries and the importance of exchange rates. Accordingly, the aim of this research is to investigate the non-linear effect of natural resource abundance on economic growth, focusing on non-resource export variables, and the real effective exchange rate (as a symbol to measure the presence of Dutch disease) for 16 selected OPEC member countries during the period between 2000 to 2021. In order to analyze the data, the generalized method of moments (GMM) was used. The findings of the research indicate that the abundance of natural resources has led to a decrease in economic growth, which indicates the occurrence of the resource curse phenomenon in the studied countries.

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