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        1 - Economic Growth in Countries Depended on Natural Resource (By emphasizing on Oil Resources)
        kazem yavari mahdieh rezagholizadeh majid aghaee
        This paper, by focusing on oil resources, tries to investigate the relationship between natural resources abundance and economic growth in 8 OPEC selected countries during 1970- 2008. We used Dynamic Panel Data and Static Panel Data Model for this purpose and estimated More
        This paper, by focusing on oil resources, tries to investigate the relationship between natural resources abundance and economic growth in 8 OPEC selected countries during 1970- 2008. We used Dynamic Panel Data and Static Panel Data Model for this purpose and estimated the relations by Generalized Method of Moments[1], Fixed Effects and Random Effects Estimator. The results represented that there is a negative relationship between oil resources abundance and economic growth in above mentioned countries. [1]. GMM * Associate Professor in Economics at University of Tarbiat Modares, Tehran, Iran (Corresponding Author), Email: kyavari@gmail.com                              **PhD student in Economics at University of Tarbiat Modares, Tehran, Iran, Email: mahdieh_rezagholizadeh@yahoo.com ***PhD Student in Economics at University of Tarbiat Modares and Researcher at Statistical Research and Training Centre, Tehran, Iran, Email: majid_aghaei3@yahoo.com Manuscript profile