Journal of Hotel and Business Management
Open Access

Department of Economics, King Abdul Aziz University, Jeddah, Saudi Arabia

Publications

• Research Article   
  Dutch Disease: Rent Seeking Behavior in Oil Exporting Countries-How Contagious is it?
  Author(s): Caroline Mahmood Khan*
  
  This study examined the effects of Dutch disease on the economic growth of fourteen oil-exporting nations over 39 years. Employing a quantitative research design, the study utilized the Generalized Method of Moments (GMM) dynamic panel approach and a classification tree method to categorize the countries based on their oil production levels and reassess the relationship between oil and Per-capita Gross Domestic Product (Per-capita GDP). The dataset, sourced from the World Bank, comprises annual observations from 14 countries spanning the period from 1980 to 2014. The results revealed no significant evidence of an oil resource curse and no significant impact of oil renting on economic growth. The results further revealed that literacy rate and per-capita income in exporting countries were not affected by oil reserves. Traditional random and fixed effects estimators were employed in the.. View More»
  DOI: 10.35248/2169-0286.24.13.124

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