تأثیر فقدان دولت قوی اردولیبرالی در ظهور و پویایی پدیده نفرین منابع: کشورهای منتخب منطقه منا

نوع مقاله : مقاله پژوهشی

نویسندگان

1 استادیار گروه اقتصاد دانشکده ادیبات و علوم انسانی دانشگاه یاسوج، یاسوج، ایران

2 دانشجوی دکتری اقتصاد پولی بخش اقتصاد دانشکده اقتصاد، مدیریت و علوم اجتماعی دانشگاه شیراز، شیراز، ایران

10.48308/jem.2024.233861.1877

چکیده

نفرین منابع از جمله موضوعات چالش‌برانگیز اقتصادی است که پژوهش‎های گوناگونی در باب آن صورت گرفته است. با این حال ادبیات تحقیق در این حوزه از سه خلأ رنج می‌برد: نخست این‌که معیار متقن اجماع‌آور برای نفرین منابع وجود ندارد، به‌گونه‌ای که ادبیات تحقیق مملو از شاخص‌های گوناگون جهت سنجش نفرین منابع است. دوم این‌که نتایج پژوهش‌ها بعضاً متناقض‌ است. بدین شکل که در شرایط یکسان، برخی پژوهش‌ها وجود نفرین منابع و برخی دیگر عدم وجود آن را گزارش داده‌اند. در نهایت این‌که نتایج برآوردهای کمّی در این حوزه غالباً بدون ارجاع به یک پشتوانه نظری مرتبط با اقتصاد سیاسی تحلیل می‌شوند. پژوهش حاضر تلاش کرده است با استفاده از ایده دولت قوی (صورت‌بندی‌شده توسط اردولیبرال‌های آلمانی) خلأ سوم، و با تکیه بر روش تحلیل مرزی تصادفی خلأ اول، و الگوی کوانتایل خلأ دوم را برطرف سازد. نتایج تحقیق نشان می‌دهد که درآمدهای منابع طبیعی باعث تغییر در دو کارکرد اساسی دولت قوی یعنی «کارآمدی» و «تنظیم‌گری» می‌شود: این درآمدها کارآمدی دولت را کاهش و کیفیت تنظیم‌گری دولت‌ها را تضعیف می‌کند. در نتیجه «اهرم رانتی» مانع از تحقق دولت قوی و شکل‌گیری و تداوم نوعی دولت ضعیف در کشورهای با درآمدهای منابع طبیعی شده است.

کلیدواژه‌ها

موضوعات


عنوان مقاله [English]

The Effect of the Lack of an Ordoliberal Strong State on the Emergence and Dynamics of the Resource Curse Phenomenon: Selected Countries of the MENA Region

نویسندگان [English]

  • Seyed Aqil Hoseiny 1
  • Alireza Raanaei 2
1 Assistant Professor of Economics, Faculty of Literature and Humanities, Yasouj University, Yasouj, Iran
2 PhD Candidate in Economics, Faculty of Economics, Management and Social Sciences, Shiraz, Iran
چکیده [English]

Resource Curse is one of the challenging economic issues that have been studied in many researches. However, the researches conducted in this field suffer from three shortcomings: First, they do not provide a specific and well accepted criterion to measure resource curse. Second, there is not any consensus on what is the effect of natural resource revenues. Finally, the third is that the theoretical foundations of the political economy that can support the results of quantitative estimates in this field have not been used. The current research has tried to solve these shortcomings by using the idea of a strong state by German ordoliberalism as well as two methods of stochastic frontier analysis (SFA) and the quantile model. By using the method of stochastic frontier analysis, the existence of resource curse, and the quantile method, its dynamics can be shown. The results show that natural resource revenues cause changes in the two basic functions of a strong state, namely "effectiveness" and "regulation": these revenues reduce the effectiveness of the government and weaken the quality of government regulation. As a result, the "Rent leverage" has prevented the realization of the strong state and helps the formation and continuation of a weak government in countries with natural resource revenues.

کلیدواژه‌ها [English]

  • Strong State
  • Ordoliberalism
  • Resource Curse
  • State Effectiveness
  • Regulation
- Abdulahi, M. E., Shu, Y., & Khan, M. A. (2019). Resource rents, economic growth, and the role of institutional quality: A panel threshold analysis. Resources Policy, 61, 293–303.
- Acemoglu, D., & Robinson, J. A. (2012). Why nations fail: The origins of power, prosperity, and poverty. Currency.
- Adetutu, M. O., Odusanya, K. A., Ebireri, J. E., & Murinde, V. (2020). Oil booms, bank productivity and natural resource curse in finance. Economics Letters, 186, 108517.
- Ali, A., Ramakrishnan, S., Faisal, F., Sulimany, H. G. H., & Bazhair, A. H. (2022). Stock market resource curse: The moderating role of institutional quality. Resources Policy, 78, 102929.
- Auty, R. (2002). Sustaining development in mineral economies: The resource curse thesis. Routledge.
- Badeeb, R. A., Lean, H. H., & Clark, J. (2017a). The evolution of the natural resource curse thesis: A critical literature survey. Resources Policy, 51, 123–134.
- Badeeb, R. A., Lean, H. H., & Clark, J. (2017b). The evolution of the natural resource curse thesis: A critical literature survey. Resources Policy, 51, 123–134. https://doi.org/10.1016/j.resourpol.2016.10.015
- Baland, J.-M., & Francois, P. (2000). Rent seeking and Resource booms, Journal of Development Economics, 61, 527-42.
- Belaid, F., Dagher, L., & Filis, G. (2021). Revisiting the resource curse in the MENA region. Resources Policy, 73, 102225.
- Belotti, F., Daidone, S., Ilardi, G., & Atella, V. (2013). Stochastic Frontier Analysis using Stata. The Stata Journal: Promoting Communications on Statistics and Stata, 13(4), 719–758. https://doi.org/10.1177/ 1536867X1301300404
- Böhm, F. (1989). Rule of law in a market economy. In: Germany’s social market economy: Origins and evolution (pp. 46–67). Springer.
- Böhm, F., Eucken, W., & Grossmann-Doerth, H. (1989). The Ordo manifesto of 1936. In: Germany’s social market economy: Origins and evolution (pp. 15–26). Springer.
- Bonefeld, W. (2012). Freedom and the strong state: On German ordoliberalism. New Political Economy, 17(5), 633–656.
- Bonefeld, W. (2017). The strong state and the free economy. Rowman & Littlefield.
- Boos, A. (2011). The theoretical relationship between the resource curse hypothesis and genuine savings. Annual Meeting of the International Studies Association Conference, Montreal, Quebec, Canada.
- Boyce, J. R., & Emery, J. H. (2011). Is a negative correlation between resource abundance and growth sufficient evidence that there is a “resource curse”? Resources Policy, 36(1), 1–13.
- Christopoulos, D., & McAdam, P. (2015). Efficiency, inefficiency and the MENA frontier.
- Corden, W. M. (1984). Booming sector and Dutch disease economics: Survey and consolidation. Oxford Economic Papers, 36(3), 359–380.
- de Medeiros Costa, H. K., & dos Santos, E. M. (2013). Institutional analysis and the “resource curse” in developing countries. Energy Policy, 63, 788–795.
- Deacon, R. T., & Rode, A. (2015). Rent seeking and the resource curse. In Companion to the political economy of rent seeking. Edward Elgar Publishing.
- Dell’Anno, R. (2020). Reconciling empirics on the political economy of the resource curse hypothesis. Evidence from long-run relationships between resource dependence, democracy and economic growth in Iran. Resources Policy, 68, 101807.
- Dell’Anno, R., & Maddah, M. (2022). Natural resources, rent seeking and economic development. An analysis of the resource curse hypothesis for Iran. Macroeconomics and Finance in Emerging Market Economies, 15(1), 47–65.
- Destek, M. A., Adedoyin, F., Bekun, F. V., & Aydin, S. (2023). Converting a resource curse into a resource blessing: The function of institutional quality with different dimensions. Resources Policy, 80, 103234.
- Ding, Y. (2023). Does natural resources cause sustainable financial development or resources curse? Evidence from group of seven economies. Resources Policy, 81, 103313.
- Dogan, E., Altinoz, B., & Tzeremes, P. (2020). The analysis of ‘Financial Resource Curse’hypothesis for developed countries: Evidence from asymmetric effects with quantile regression. Resources Policy, 68, 101773.
- Elmassah, S., & Hassanein, E. A. (2022). Can the Resource Curse for Well-Being Be Morphed into a Blessing? Investigating the Moderating Role of Environmental Quality, Governance, and Human Capital. Sustainability, 14(22), 15053.
- Entele, B. R. (2021). Impact of institutions and ICT services in avoiding resource curse: Lessons from the successful economies. Heliyon, 7(2), e05961.
- Eucken, W. (1932). Structural Transformations of the State and the Crisis of Capitalism. In: The birth of austerity: German ordoliberalism and contemporary neoliberalism (pp. 51–72). Rowman & Littlefield.
 - Foucault, M. (2008). The birth of biopolitics: Lectures at the Collège de France, 1978-1979 (A. I. Davidson & G. Burchell, Eds.). Springer.
- Gallego, J., Maldonado, S., & Trujillo, L. (2020). From curse to blessing? Institutional reform and resource booms in Colombia. Journal of Economic Behavior & Organization, 178, 174–193.
- Gylfason, T. (2006). Natural resources and economic growth: From dependence to diversification. Economic Liberalization and Integration Policy, 201–231.
- Hadj, T. B., & Ghodbane, A. (2021). Do natural resources rents and institutional development matter for financial development under quantile regression approach? Resources Policy, 73, 102169.
- Haggard, S., & Tiede, L. (2011). The Rule of Law and Economic Growth: Where are We? World Development, 39(5), 673–685. https://doi.org/10.1016/j.worlddev.2010.10.007
- Haseeb, M., Kot, S., Hussain, H. I., & Kamarudin, F. (2021). The natural resources curse-economic growth hypotheses: Quantile–on–Quantile evidence from top Asian economies. Journal of Cleaner Production, 279, 123596.
- Havranek, T., Horvath, R., & Zeynalov, A. (2016). Natural resources and economic growth: A meta-analysis. World Development, 88, 134–151.
-Holden, S. (2013). Avoiding the resource curse the case Norway. Energy Policy, 63, 870–876.
- James, A. (2015). The resource curse: A statistical mirage? Journal of Development Economics, 114, 55–63.
- Karakaplan, M. U., & Kutlu, L. (2017). Endogeneity in panel stochastic frontier models: An application to the Japanese cotton spinning industry. Applied Economics, 49(59), 5935–5939.
- Karakaplan, M. U., & Kutlu, L. (2017). Endogeneity in panel stochastic frontier models: an application to the Japanese cotton spinning industry. Applied Economics, 49(59), 5935-5939.
- Karl, T. L. (1997a). The paradox of plenty. University of California Press.
- Karl, T. L. (1997b). The paradox of plenty: Oil booms and petro-states (Vol. 26). University of California Press.
- Katouzian, Homa (2016). In Search of Long-Term Society. Nay Publisher. (In Persian).
- Kaufmann, D., Kraay, A., & Mastruzzi, M. (2011). The worldwide governance indicators: Methodology and analytical issues1. Hague Journal on the Rule of Law, 3(2), 220–246.
- Khan, M. A., Khan, M. A., Ali, K., Popp, J., & Oláh, J. (2020). Natural resource rent and finance: The moderation role of institutions. Sustainability, 12(9), 3897.
- Kumbhakar, S. C., Parmeter, C. F., & Zelenyuk, V. (2020). Stochastic frontier analysis: Foundations and advances I. Handbook of production economics, 1-40.
- Kumbhakar, S. C., Parmeter, C. F., & Zelenyuk, V. (2021). Stochastic Frontier Analysis: Foundations and Advances I. In S. C. Ray, R. Chambers, & S. Kumbhakar (Eds.), Handbook of Production Economics (pp. 1–40). Springer Singapore. https://doi.org/10.1007/978-981-10-3450-3_9-2
- Li, C., Razzaq, A., Ozturk, I., & Sharif, A. (2023). Natural resources, financial technologies, and digitalization: The role of institutional quality and human capital in selected OECD economies. Resources Policy, 81, 103362.
- Mirfendereski, M. M., Sharifi, A., Renani, M., & Moeeni, S. (2023). Compilation of petro-populism index and evaluation of populist policies on inflation rate in Iran using synthetic control method (SCM). Journal of Econometric Modelling, 8(2), 9-34. (In Persian).
- Mohammadi, T., Raanaei, A., & Darabi, M. (2019). The Role of Institutional Quality in the Technical Efficiency of the Selected Countries of Asia and the Middle East: Stochastic Frontier Analysis Approach. Journal of Economics and Modeling, 10(3), 111-138 (In Persian).
- Mohammed, J. I., Karimu, A., Fiador, V. O., & Abor, J. Y. (2020). Oil revenues and economic growth in oil-producing countries: The role of domestic financial markets. Resources Policy, 69, 101832.
- Nabli, M. K. (2007). Long-term economic development challenges and prospects for the Arab countries. Breaking the Barriers to Higher Economic Growth: Better Governance and Deeper Reforms in the Middle East and North Africa, 1–28.
- Nazeman, H., Mohammadi, T., & Raanaei, A. (2019). The Effect of Rent Leverage on Deepening the Impact of Institutional Inefficiency on Resource Curse: The SFA Approach. Iranian Economic Development Analyses, 7(1), 37-62 (In Persian).
- Nurkse, R. (1953). Problems of capital formation in underdeveloped countries. Oxford University Press.
- Nurmakhanova, M., Elheddad, M., Alfar, A. J., Egbulonu, A., & Abedin, M. Z. (2023). Does natural resource curse in finance exist in Africa? Evidence from spatial techniques. Resources Policy, 80, 103151.
- Ogwang, T., Vanclay, F., & van den Assem, A. (2019). Rent-seeking practices, local resource curse, and social conflict in Uganda’s emerging oil economy. Land, 8(4), 53.
- Peres-Cajías, J., Torregrosa-Hetland, S., & Ducoing, C. (2022). Resource abundance and public finances in five peripheral economies, 1850s–1930s. Resources Policy, 76, 102539.
- Rahim, S., Murshed, M., Umarbeyli, S., Kirikkaleli, D., Ahmad, M., Tufail, M., & Wahab, S. (2021). Do natural resources abundance and human capital development promote economic growth? A study on the resource curse hypothesis in Next Eleven countries. Resources, Environment and Sustainability, 4, 100018. https://doi.org/10.1016/j.resenv.2021.100018
- Röpke, W. (1958). A humane economy: The social framework of the free market. Open Road Media.
- Rostamzadeh, P., Hoseiny, S. A., & Raanaei, A. (2022). The role of political institutions in effectiveness the financial sector; Stochastic frontier Analysis (SFA). Economic Strategy, 11(41), 1-24 (In Persian).
- Rostow, W. W., & Rostow, W. W. (1990). The stages of economic growth: A non-communist manifesto. Cambridge university press.
- Roy, B. C., Sarkar, S., & Mandal, N. R. (2013). Natural resource abundance and economic Performance—A literature review. Current Urban Studies, 1(04), 148.
- Rüstow, A. (1932). State Policy and the Necessary Conditions for Economic Liberalism. In: The birth of austerity: German ordoliberalism and contemporary neoliberalism (pp. 143–149). Rowman & Littlefield.
- Sachs, J. D., & Warner, A. (1995a). Natural resource abundance and economic growth. National bureau of economic research, Cambridge, Mass., USA.
- Sachs, J. D., & Warner, A. M. (1997). Sources of slow growth in African economies. Journal of African Economies, 6(3), 335–376.
- Sargolzaie, A., Lotfalipour, M. R., & Salehnia, N. (2022). Investigating the Impact of Natural Resource Rents and Good Governance on the Welfare of Developing Countries: The Welfare Curse Phenomenon and the Quantile Regression Approach. Quarterly Journal of Applied Theories of Economics, 9(2), 1-34 (In Persian).
- Shahnazi, Rouhollah & Raanaei, Alireza (2017). Investigate resource curses with an emphasis on institutional inefficiency: Case Study Iran. Economic Strategy, 6(20) (In Persian).
- Smith, B. (2017). Resource wealth as rent leverage: Rethinking the oil–stability nexus. Conflict Management and Peace Science, 34(6), 597–617 ttps://doi.org/10.1177/0738894215609000
- Torvik, R. (2001). Learning by doing and the Dutch disease. European Economic Review, 45(2), 285–306.