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NATURAL RESOURCE RENTAL INCOME AND R&D INTENSITY

Archives of Business Research

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Field Value
 
Title NATURAL RESOURCE RENTAL INCOME AND R&D INTENSITY
 
Creator Dipietro, William
 
Description The ease of obtaining rental income for countries with abundant natural resources having substantial world demand may lead to a diminutionin the pursuit of other forms of income such as income obtained from investing in research and development. If this proves  to be the case, then it can  have profound negative consequences for economic  growth. In this light, this paper employs cross country regression analysis to test to see whether  a greater share of natural resource rental income in national income is unfavorable for country R&D Intensity. Analyzing data for 2010 for a fairly substantial set of countries, the findings of the paper lend credence to the hypothesis that R&D intensity is negatively related to the size of the share of natural resource rental income relative to total income. This suggests that countries endowed with  natural resourcesthat generate high levels of rental income must be very diligent in order to avoid the potentialnegative ramifications of rental income on their economic development. 
 
Publisher Archives of Business Research
 
Contributor
 
Date 2015-03-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.scholarpublishing.org/index.php/ABR/article/view/878
10.14738/abr.31.878
 
Source Archives of Business Research; Vol 3, No 1 (2015): Archives of Business Research
2054-7404
10.14738/abr.31.2015
 
Language eng
 
Relation http://www.scholarpublishing.org/index.php/ABR/article/view/878/492