The Impact of the Natural Resources Rents on the Economic Growth: The Case of Qatar; Doğal Kaynak Kazancının Ekonomik Büyümeye Etkisi: Katar Örneği
In: Balkan journal of social sciences: BJSS = Balkan sosyal bilimler dergisi : BSBD
ISSN: 2146-8494
This study aimed to measure the impact of natural resource returns on the economic growth in Qatar, in an attempt to find out whether the resource curse is valid in this country which is abundant in natural resources, especially oil and gas. For this purpose, ARDL model and the time series for the period (1985-2017) were used. The experimental results of the study showed a co-integration relationship between the returns of natural resources and the economic growth in Qatar. The empirical findings of the study show that the natural resources have a negative and significant impact on the economic growth in the long run. Therefore, we can say that the risks of the resource curse apply to Qatar.