Natural Resources Volatility and Economic Growth: Evidence from the Resource-Rich Region

This research paper investigates the impact of natural resources volatility on economic growth. The focused three resource-rich economies, namely, UAE, Saudi Arabia, and Oman. Using data from 1970 to 2016 employing autoregressive distributed lag (ARDL) cointegration approach, we found that both their matter perspective study strong evidence in favor a positive statistically significant relationship between growth for economies UAE Arabia. Similarly, economy Oman, but insignificant is observed However, has negative all economies. contradicts traditional concept curse provides form