Degree Name
Master of Arts
Department or Program
Economics
Advisor
Morshed, AKM Mahbub
Abstract
They have been growing debate among economists and others social-scientists about the relationship between natural resources and human capital and growth. Although most economists agreed, in short run that natural resources do impact growth negatively through human capital. But, the long term relationship seems to be unsettled, and they have not been too many studies focus on the long term equilibrium between natural resources and human capital. Therefore, this paper aims to contribute in growth literature, by studying at the long term relationship between natural resources, human capital, and growth, using Mali as a case study. Natural resource seems to exert positive effect on human capital over time, and the negative effect on growth decline in the long horizon.