2012 Fabrizio Carmignani - The Geographical Dimension of the Development Effe [retrieved_2025-01-26]
Abstract
The study investigates the contribution of natural resource intensity to long-term development in terms of:
Per-capita income
Institutional quality
Education
Findings indicate that the impact of natural resources differs by region, with positive outcomes generally except in Sub-Saharan Africa (SSA), where contributions can be negative due to adverse conditions like disease.
Keywords include Natural resources, Development, Institutions, and Schooling.
Introduction
SSA is noted as the poorest region despite having substantial reliance on natural resources.
Key statistics:
Per-capita GDP in SSA (2010): $2041
Comparatively lower than South Asia ($2941), East Asia ($5991), Middle East ($9131), and Latin America ($10117).
Average annual growth rate of per-capita GDP in SSA since 1980: 0.4%.
In 2009, SSA had the highest ratio of fuel and primary commodity exports to merchandise exports.
Main Findings
Investigation of natural resource effects leads to:
Per-capita Income Impact
Generally positive except in SSA, where it's negligible or potentially negative.
Institutional Quality
Natural resources negatively affect institutional quality specifically in SSA.
Human Capital Accumulation
Impeded more severely in SSA by natural resources than in other regions.
Combined Adverse Effects
The interaction of poor disease environments with rich natural resources is pivotal in SSA's development challenges.
Historical Context and Literature Review
Various explanations of SSA's slow economic progress, including:
Role of resource intensity (Deaton & Miller 1996; Sachs & Warner 1997).
Other systemic issues: poor governance, colonial past, and lack of social capital.
Importance of addressing how these factors influence economic performances.
Methodology and Econometric Set-Up
1. Estimation Model for Income
Regression equation measures the effect of natural resource intensity on GDP.
Included variables emphasize the geographical impact on resource-income relationships.
Natural resource abundance is quantified using the World Bank's natural wealth assessments.
2. Institutions and Education
Expanded analysis on how natural resources affect:
Institutional quality (e.g., protection against expropriation risk).
Educational outcomes (years of schooling).
Results of the Analysis
Cross-Regional Differences
Evidence shows natural resources generally support development but act negatively in SSA.
Findings show:
Statistical models indicating that resource intensity leads to weak or negative GDP growth in SSA while positively affecting other regions.
The historical context combined with current disease environments plays a crucial role in these findings.
Transmission Mechanisms
Analysis suggests natural resources' positive or negative development impacts are mediated through:
Institutional quality
Educational attainment
Implications emphasize the need for targeted policy reforms.
Disease Environment Interaction
Strong correlation identified between natural resource availabilities, regional disease environments, and resultant economic performance disparities.
Conclusion and Implications
SSA's unlikeliness to benefit from natural resource abundance is attributed to its colonial history and the challenging disease environment.
Future focus areas can enhance development potential by addressing healthcare and institutional quality to mitigate the lasting effects of colonization.