The competing role of natural gas and oil as fossil fuel and the non-linear dynamics of resource curse in Russia

Nexuses between crude oil imports, renewable energy, transport services, and technological innovation: a fresh insight from Germany

“…The traditional perception that a country with abundant natural resources will have faster economic growth has been challenged in the literature. The dilemma about whether resources are a curse or a blessing has been studied and investigated for decades (Gu et al 2020 ; Naseer et al 2020 ; Yang et al 2021 ). The abundance of natural resources is inversely related to economic growth (Gylfason 2001 ; Khan et al 2021a ; Yu and Khan 2021b ).…”

Natural resources volatility and South Asian economies: Evaluating the role of COVID-19

“…The attention of researchers and policy-makers has greatly been attracted by this new agenda of natural resources volatility and economic performance in the Covid-19. Although numerous studies have been done on the impact of natural resources on economic growth, where some of the studies showed that natural resources are curse ( Cheng et al, 2020a ; Li et al, 2021 ; Qiang and Jian, 2020 ; Rahim et al, 2021 ; Umar et al, 2020 ; Yang et al, 2021 ) and some indicates that natural resources are blessings ( Atil et al, 2020 ; Redmond and Nasir, 2020 ; Su et al, 2020a ). However, empirical evidence provided by the scholars argued that natural resource abundance could be the primary reason for lagging economic growth and performance than the natural resources scarce economies ( Gylfason and Zoega, 2006 ; Sachs and Warner, 2001 ).…”

Volatility in natural resources, economic performance, and public administration quality: Evidence from COVID-19

“…Still, scholars have a contradiction regarding natural resources and economic growth nexus ( Umar et al, 2020a , 2021b ). Numerous studies are available which demonstrate that natural resources are negatively associated with economic growth, and countries with natural resources abundance tend to grow slower than the natural resource-scarce economies ( Li et al, 2021 ; Naseer et al, 2020 ; Rahim et al, 2021 ; Su et al, 2020a , 2021b ; Yang et al, 2021 ). The said phenomenon is termed as resource curse hypothesis.…”