Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/95880
Authors: 
Farzanegan, Mohammad Reza
Year of Publication: 
2014
Series/Report no.: 
Joint Discussion Paper Series in Economics 06-2014
Abstract: 
This study provides the first empirical investigation to test one of transmission channels of resource curse, i.e., marginalized entrepreneurship activities. Our panel data analysis of 65 countries from 2004 to 2011 shows a negative and statistically significant association between oil rents dependency and entrepreneurship indicator. This finding is robust to control of other major drivers of entrepreneurship, unobservable country and time fixed effects and a different measurement of oil rents dependency. Additionally our main results show that government effectiveness among other dimensions of good governance has a statistically significant moderating effect in entrepreneurship-oil rents nexus.
Subjects: 
resource curse
oil rents
entrepreneurship
governance
business formation
JEL: 
O13
Q32
M13
Document Type: 
Working Paper

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