M. Karthik
M. Karthik (PH.D) is an Associate Professor and Programme Head (PGDM–International Business) at the Institute of Public Enterprise (IPE), Hyderabad. He has over 23 years of experience in teaching, research, and consultancy. His research interests include trade wars, globalization and balance-of-payments dynamics, sustainable production, and consumption. He has worked on research projects funded by organizations such as the National Human Rights Commission, ICSSR, and ICAR-IMR, with a focus on the textile sector, SME competitiveness, and agricultural exports. He holds a Ph.D. in Management from Alagappa University and has also undertaken consultancy assignments evaluating CSR initiatives and policy impacts.
Papers Published in World Economics:
Do Countries Always Remain in the State of Resource Curse or Resource Blessing?
This paper investigates the linkage between natural resources and economic growth, in light of the Resource Curse-Resource Blessing debate, by considering financial development and trade openness as additional determinants for G20 nations. As a novelty, the study uses Autoregressive Distributive Lag Model on a quadratic specification to test whether countries remain in state of resource curse (resource blessing) or make a transition to resource blessing (resource curse) state. The empirical results reveal that countries, except Brazil and Saudi Arabia, shift from resource blessed states to resource curse states. Indonesia monotonically experiences resource curse. Financial development and trade openness also contribute positively to economic growth.
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