A Theoretical Framework on the Resource Industry: From the Value of Resource in Economy

2014 ◽  
Vol 672-674 ◽  
pp. 2059-2064
Author(s):  
Meng Xia Zeng ◽  
Min Xue Gao

For researches on the relation between natural resource and economy, the concept of (natural) resource industry is a crucial element. However there is scarcely any theoretical study on the connotation and denotation of resource industry. We hold that the characteristics of resource industry stem from its attributive adjective – (natural) resource, which should be deeply analyzed in order to learn the appropriate meaning of resource industry. On this account, we focus on the theoretical framework of resource industry, by taking the concept of natural resource value as a starting point, and then presenting two definitions of resource industry to meet the different requirements of relative researches. This paper would lay the foundations for the analysis and evaluation of resource industry economy, and establish a more explicit perspective for the empirical studies of the relationship between resource and economy, such as the validation of Natural Resource Curse Hypothesis.

Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 25
Author(s):  
Basem Ertimi ◽  
Tamat Sarmidi ◽  
Norlin Khalid ◽  
Mohd Helmi Ali

A variety of critical empirical studies are interested in and focused on complex issues related to natural resource management and resource curse, whilst less can be found combining diverse factors that affect the dynamics of this curse and mitigate it. The case study of Norway is used as the benchmark policy framework in oil-rich countries to invest oil revenues and set correct fiscal policies. In this study, an analytical framework was structured to evaluate the coherence of resource management with sustainability as a starting point, contributing to further assessments of how the adaptation of such policies is incorporated in resource management to mitigate the resource curse. The analysis also suggests that oil-rich countries can learn from Norway’s experience to mitigate this resource curse and utilize oil revenues in the interest of the country. In addition, the analysis helps in effective management and the protection of ecological resources as these are becoming an increasingly important strategic part of natural wealth. This study aimed to provide an overarching framework designed to help conceptualize key issues of natural resource management and the resource curse in oil-rich countries and understand the challenges facing those countries in managing the natural resources.


2014 ◽  
Vol 707 ◽  
pp. 493-496
Author(s):  
Lv Rong Wang

Asset assessment theory research lagging behind the industry development is an important problem existing in current assessment industry, and the construction of theoretical framework system is particularly urgent. Asset appraisal theory frame system is divided into the logical starting point and the theoretical framework. According to the connotation of asset assessment and the concept of the logic starting point in philosophy, the logic starting point of the asset assessment is thought to be the value discovery. According to the relationship to the logical starting point, establish a theoretical framework with four-layers, which takes the value found as the qualitative, nine evaluation factors as the kernel, takes the legal system, exam training, industry, rules and member acknowledges as the outer core, takes the institutional environment, economic environment, social and cultural environment etc. as the evaluating environment.


2016 ◽  
Vol 70 (2) ◽  
pp. 279-311 ◽  
Author(s):  
Sarah M. Brooks ◽  
Marcus J. Kurtz

AbstractBy the end of the twentieth century, a scholarly consensus emerged around the idea that oil fuels authoritarianism and slow growth. The natural abundance once thought to be a blessing was unconditionally, and then later only conditionally, a curse for political and economic development. We re-examine the relationship between oil wealth and political regimes, challenging the conventional wisdom that such natural resource rents lead to authoritarian outcomes. We contend that most efforts to examine the causal linkages between natural resource abundance and political regime have been complicated by the likelihood that both democracy and oil revenue are endogenous to the industrialization processes itself, particularly in its developmentalist form. Our quantitative results, based on an analysis of global data from 1970 to 2006, show that both resource endogeneity and several mechanisms of intraregional regime diffusion are powerful determinants of democratic outcomes. Qualitative evidence from the history of industrialization in Latin America yields support for our proposed causal claim. Oil wealth is not necessarily a curse and may even be a blessing with respect to democratic development.


2018 ◽  
Vol 6 (1) ◽  
pp. 76-91
Author(s):  
Horst-Alfred Heinrich

Despite broad research on the connection between in-group and out-group attitudes, empirical studies dealing with the relationship between nation-related and anti-immigration attitudes rarely provide a consistent theoretical framework. On one hand, it is assumed that if persons agree with nationalistic statements, they might develop an orientation against strangers. On the other hand, one might imagine the existence of simple factor correlations among nationalism, patriotism, and anti-immigration attitudes. It can be argued that if people form a group, they will be automatically confronted with out-group members. Both proposals can claim some plausibility. But as several empirical studies mirror varying theoretical assumptions, the author compares different structure models on the basis of German International Social Survey Programme data. Two models lead to satisfactory solutions. Their respective theoretical meaning is discussed in detail. As a result, personal construct theory is integrated here as a theoretical framework with which to explain the correlational structure of a model with three factors without assuming any causality between them.


2019 ◽  
Vol 121 (8) ◽  
pp. 1700-1714 ◽  
Author(s):  
Saugat Neupane ◽  
Ranga Chimhundu ◽  
K.C. Chan

Purpose The purpose of this paper is to investigate the relationship between consumers’ cultural values and their functional food perception. Design/methodology/approach The research is qualitative in nature and uses the grounded theory method. The data were collected through in-depth interviews with three ethnic groups, Anglo-Australian, Chinese and Indian ethnic groups in Australia. The constant comparative data analysis approach was used to analyse the interview text. Findings The results indicate that there is a relationship between consumers’ cultural values and their functional food perception. Functional food perception depends upon the consumers’ predisposition towards their culture, their motives for functional food consumption and the level of perseverance towards functional foods. Research limitations/implications The study includes only three ethnic groups and is qualitative in nature, which may limit its generalisability to the universe. The inclusion of more ethnic groups and additional sources of data could form directions for future research. Practical implications Functional food marketers can assess the kind of cultural values the ethnic groups in Australia uphold and capture those values in their marketing strategies. The cultural values in the framework could be used for the segmentation of functional food consumers. In a multicultural setting like Australia, segmentation of consumers based on the standard values would be more feasible and effective to target consumers spread across different ethnic groups but who uphold similar values. Originality/value The research has attempted to fill the gap in the existing literature about the relationship between culture and functional food perception. The latent variables in the theoretical framework proposed by the qualitative enquiry can be a good starting point for understanding the influence of cultural values on functional food perception and the development of a more comprehensive theoretical framework for functional food behaviour.


2020 ◽  
Vol 35 (1) ◽  
pp. 3-11 ◽  
Author(s):  
Elisabeth Schimpfössl ◽  
Ilya Yablokov ◽  
Olga Zeveleva ◽  
Taras Fedirko ◽  
Peter Bajomi-Lazar

Bringing together empirical studies of former communist countries of Central and Eastern Europe, this Special Issue explores the relationship between censorship and self-censorship. All the cases under consideration share a history of state-led censorship. Importantly, however, the authors argue that journalism in the former Eastern bloc has developed features similar to those observed in many countries which have never experienced state socialism. This introduction presents the theoretical framework and the historical backgound that provide the backdrop for this Special Issue’s contributions, all of which take a journalist-focused angle.


2016 ◽  
Vol 41 (1) ◽  
pp. 3-20 ◽  
Author(s):  
Andrew Baerg

This article considers the relationship between Big Data and the athlete. Where Beer and Hutchins have focused on Big Data and sport, this article concentrates on the athlete’s potential response to Big Data monitoring. Drawing on the work of Andrejevic, and Kennedy and Moss, the project speaks to the Big Data–athlete relation through the theoretical framework of the digital divide. It describes Big Data and its relation to the digital divide before tracing out how athletes might respond to Big Data monitoring by presenting concerns about privacy and/or embracing a quantified self. Considering these responses provides a starting point for further work on how athletes should treat Big Data and its implications for sport.


2021 ◽  
Vol 14 (12) ◽  
pp. 575
Author(s):  
Rabah Arezki ◽  
Markus Brueckner

Military expenditures significantly affect the relationship between the risk of civil conflict outbreak and natural resources. We show that a significant positive effect of natural resource rents on the risk of civil conflict outbreak is limited to countries with low military expenditures. In countries with high military expenditures, there is no significant effect of natural resource rents on civil conflict onset. An important message is thus that a conflict resource curse is absent in countries with sufficiently large military expenditures.


2020 ◽  
pp. 27-42
Author(s):  
Panu Minkkinen

The chapter attempts to, first, clarify the position of human rights in Claude Lefort's unique blend of phenomenologically and psychoanalytically inspired political theory. Human rights, and by extension rights more generally, are in this account an integral element of a 'savage democracy' that Lefort envisioned as the only plausible challenge to the totalitarian tendencies of neoliberalism. From this starting point, the chapter will then discuss the position of the judiciary in contemporary democracies. Standard accounts of the separation of powers reduce the courts' constitutional functions to the application and interpretation of laws issued by an elected legislator. But as the relationship between the legislator and the executive has changed, so, too, has the relative position of the judiciary. A strong executive as the engine of legislative initiatives, supported by a weak 'rubber-stamp' legislature, has highlighted the need to emphasise the democratic potential of the judiciary that goes beyond the 'deferential' role of standard accounts. The chapter will provide a theoretical framework for understanding this democratic role through Lefort's account of human rights.


2021 ◽  
Vol 22 (2) ◽  
pp. 213-227
Author(s):  
Sedwivia Ridena ◽  
Nurarifin Nurarifin ◽  
Wawan Hermawan ◽  
Ahmad Komarulzaman

Natural resources may become a blessing that can contribute to societies’ welfare increases. Yet natural resource abundance could also become a curse for countries’ economic development. Numerous studies have investigated the relationship between natural resources and economic performance. However, the results remain ambiguous and have no consensus in the literature. In specific, most literature focused only on testing the curse’s existence, while studies that involve the role of financial development in mediating the nexus remain scarce. To the best of our knowledge, this is a pioneer study in a developing country endowed by natural resources. Using panel data of 33 provinces from 2012 to 2018, this study implements the Generalized Method of Moments (GMM) technique to examine the existence of the natural resource curse and scrutinize the role of financial development in mitigating the curse. Results show that Indonesia potentially experiences a natural resource curse. Nonetheless, the negative effect of natural resources on economic growth could be mitigated by enhancing the role of financial development to reach a certain threshold over economic output. This study recommends policymakers to not only increase financial development across the provinces but also pay more serious attention to other factors causing the natural resource curse in Indonesia.


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