Addressing the resource curse through human capital and digital transformation: a panel fourier analysis of BRICS plus countries

Basit Öğe Kaydı
dc.authorid0000-0003-0699-5371
dc.contributor.authorAkcan, Ahmet Tayfur
dc.contributor.authorEren, Tevfik
dc.contributor.authorSaiti, Burhan
dc.contributor.authorKilic, Cuneyt
dc.contributor.authorKazak, Hasan
dc.date.accessioned2026-02-03T12:00:44Z
dc.date.available2026-02-03T12:00:44Z
dc.date.issued2025
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractPurpose - This study investigates the long-run effects of natural resource rents on economic growth in BRICS + countries, with a particular focus on the moderating roles of digitalization, renewable energy consumption, human capital, and foreign direct investment. The aim is to determine whether digital transformation and human capital investment can alleviate the negative growth effects associated with resource abundance. Design/methodology/approach - Panel data covering ten BRICS + economies from 2002 to 2021 were analyzed using advanced Fourier-based econometric techniques. The empirical strategy incorporates panel Fourier cointegration tests, Driscoll-Kraay estimators, and panel Fourier causality analyses, all of which account for structural breaks and cross-sectional dependence. The model explicitly examines the interaction between digitalization and resource rents, as well as the separate contributions of human capital, FDI, and renewable energy consumption. Findings - Empirical findings provide strong support for the resource curse hypothesis: a 1% increase in resource rents is associated with a 0.16% decrease in per capita GDP over the long run. The effect of digitalization on the resource curse is U-shaped-while low levels of digitalization deepen the negative impact, higher levels attenuate it. Human capital exerts a robust and positive effect on growth, whereas FDI contributes modestly. In contrast, renewable energy consumption is found to reduce GDP per capita in the short run, likely due to adjustment costs during energy transitions. Practical implications - The findings highlight the need for BRICS + policymakers to strategically invest resource revenues into digital infrastructure, human capital development, and clean energy technologies. These policy priorities are crucial for escaping the resource curse and promoting sustainable, innovation-driven growth. Originality/value - This study is among the first to integrate the moderating role of digitalization within the resource curse framework, employing robust Fourier-based methods that flexibly account for structural breaks and heterogeneous dynamics. The evidence presented offers novel insights for emerging economies seeking to leverage digital transformation and human capital to overcome the limitations of resource dependency.
dc.identifier.doi10.1108/JEAS-06-2025-0389
dc.identifier.issn1026-4116
dc.identifier.issn2054-6246
dc.identifier.scopus2-s2.0-105018963934
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://doi.org/10.1108/JEAS-06-2025-0389
dc.identifier.urihttps://hdl.handle.net/20.500.12428/34692
dc.identifier.wosWOS:001592915100001
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherEmerald Group Publishing Ltd
dc.relation.ispartofJournal of Economic and Administrative Sciences
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WOS_20260130
dc.subjectResource curse
dc.subjectDigitalization
dc.subjectHuman capital
dc.subjectBRICS plus
dc.titleAddressing the resource curse through human capital and digital transformation: a panel fourier analysis of BRICS plus countries
dc.typeArticle

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu