{"title":"Does the resource curse exist? Evidence from oil discovery and production in Ghana","authors":"Benard Akalbeo","doi":"10.1016/j.resourpol.2025.105459","DOIUrl":null,"url":null,"abstract":"<div><div>Over the years, countries across the world have made significant discoveries of various forms of natural resources. The most important, valuable, and problematic of all these discovered resources is arguably oil. This paper investigates the impact that the oil discovery in Ghana in 2007 and its subsequent production has had on the economic growth as well as the unemployment rate of the country. Using the synthetic control method for comparative case studies approach, we exploit the quasi-experimental nature of the discovery which was due to an exogenous shock.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"101 ","pages":"Article 105459"},"PeriodicalIF":10.2000,"publicationDate":"2025-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Resources Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0301420725000017","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2025/1/17 0:00:00","PubModel":"Epub","JCR":"0","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
Over the years, countries across the world have made significant discoveries of various forms of natural resources. The most important, valuable, and problematic of all these discovered resources is arguably oil. This paper investigates the impact that the oil discovery in Ghana in 2007 and its subsequent production has had on the economic growth as well as the unemployment rate of the country. Using the synthetic control method for comparative case studies approach, we exploit the quasi-experimental nature of the discovery which was due to an exogenous shock.
期刊介绍：
Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.
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