Resource wealth and entrepreneurship: A blessing or a curse?

Arbeitspapier

Resource-rich countries of the Middle East and North Africa (MENA) have the highest youth unemployment rate in the world. While other parts of the world are experiencing an increasing trend in new firms' formation as a potential solution for their unemployment problem, the MENA region has the lowest records in new business establishments. In this study, we investigate the reasons behind such a significant lag of the resource-rich countries in entrepreneurship. Panel data for more than 80 countries from 2004-2009 shows that higher dependence on resource rents reduces entrepreneurship activities. The decline is more significant in countries with higher levels of point resources such as oil and coal.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: MAGKS Joint Discussion Paper Series in Economics ; No. 24-2012

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; Exhaustible Resources and Economic Development ; New Firms; Startups
• Thema: resource curse ; entrepreneurship ; panel data ; Rohstoffressourcen ; Dutch Disease ; Unternehmer ; Unternehmensgründung ; Welt ; MENA-Staaten

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Farzanegan, Mohammad Reza
• Ereignis: Veröffentlichung
• (wer): Philipps-University Marburg, Faculty of Business Administration and Economics
• (wo): Marburg
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/73060
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ