Document Type : Original Article
Authors
1
Professor, Department of Economics, Faculty of Social Sciences and Economics, Alzahra University, Tehran, Iran
2
Assistant Professor of Economics, Faculty of Management, Economy and Accounting, University of Hormozgan, Bandarabbas, Iran,
3
M.A in Energy Economy, Faculty of Economics and Social Science, Alzahra University, Tehran, Iran
Abstract
In recent decades, many countries have gained considerable wealth by exploiting natural resources. However, this wealth has not always led to sustainable development, and in many cases, dependence on natural resources has reduced economic diversity and even led to undeveloped traps. This phenomenon, known as the curse of resources, raises important questions about how natural resources are exploited and its effects on the economic structure of countries. The aim of the present study is to examine the interaction of economic complexity and economic freedom on the rents of natural resources of selected countries producing science during the period 2000-2021, with the data panel approach. Based on the results of the study, the dimensions of economic complexity (including technological, research and commercial complexity), economic freedom and the interaction of economic complexity dimensions with economic freedom have a negative and meaningful impact on the rents index of natural resources in selected countries. Also, according to the results of the estimates, the developing countries have not performed well compared to the developed countries in terms of technological, research and commercial complexity and require the concentration and expansion of these sectors; also, in the field of economic freedom, the developing countries have a poor performance compared to the developed countries; as a result, we have a significant gap between the rents index of natural resources in the developing countries producing science compared to the developed countries producing science.
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