LEADER 05740oam 22009854 450 001 9910788234203321 005 20230721045656.0 010 $a1-4623-1543-7 010 $a1-4527-1477-0 010 $a1-282-84123-8 010 $a1-4518-7030-2 010 $a9786612841231 035 $a(CKB)3170000000055067 035 $a(EBL)1607938 035 $a(SSID)ssj0000943970 035 $a(PQKBManifestationID)11503134 035 $a(PQKBTitleCode)TC0000943970 035 $a(PQKBWorkID)10982355 035 $a(PQKB)11592824 035 $a(OCoLC)440837122 035 $a(MiAaPQ)EBC1607938 035 $a(IMF)WPIEE2008172 035 $a(EXLCZ)993170000000055067 100 $a20020129d2008 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aAfrica?s Oil Abundance and External Competitiveness : $eDo Institutions Matter? /$fMahvash Qureshi 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 215 $a1 online resource (46 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/172 300 $aDescription based upon print version of record. 311 $a1-4519-1483-0 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. Oil Abundance: Blessing or Curse?; A. Africa's Oil Riches and Competitiveness; III. Measuring Competitiveness; A. Export Performance; Figures; 1. Growth in Total and Oil Export Volume, 1970-2006; 2. Share of Oil Exports in Total Exports and GDP, 1970-2006; B. Export Structure and Diversification; Tables; 1. Export Structure by Product Category, 1970-2005; 3. Share in World Exports, 1970-2006; 2. Product Categories with Revealed Comparative Advantage, 1970-2005; 3. Sectoral Distribution of Revealed Comparative Advantage, 2005 327 $a4. Export Structure and Concentration, 1970-2005 C. Productivity, Infrastructure, and Human Capital; 5. World Share of Nonfuel Merchandise Exports, 1970-2005; 6. Real GDP and Non-oil GDP per Capita (US thousands), 1970-2006; 4. ICT and Transport Infrastructure Indicators for Selected Economies, 2005; D. Institutional Quality; 5. OPAC Human Development Indicators, 2005; 7. DBI Ranking for OPAC and Selected Economies, 2007; 8. WGI for OPAC and Selected Economies, 1998-2006; 9. GCI Rankings for Selected Economies, 2006; IV. Institutional Quality and Export Competitiveness 327 $a10. Oil Abundance and Non-oil Exports A. Methodology; B. Data Issues; C. Results; D. Sensitivity Analysis; 6. Institutions and Real Non-oil Exports: Estimates for the World Sample; 7. Institutions and Real Non-oil Exports: Estimates for Sub-Saharan Africa; V. Conclusion and Policy Implications; 8. Estimates for Countries with Low and High Institutional Quality; References; Appendixes; A. Macroeconomic Indicators and Export Performance; B. Data Sources and Sensitivity Results 330 3 $aThis paper examines the structural competitiveness of oil-rich economies in sub-Saharan Africa relative to other major oil-exporting developing countries, and investigates reasons for systematic differences in the non-oil export performance across these economies. The analysis reveals that oil-rich Africa lags behind other oil-exporters in terms of diversification, global market share and the overall investment climate. The poor performance of their nonoil sector can be largely attributed to weak infrastructure and institutional quality. The results also show that institutional quality is a significant determinant of the extent to which oil abundance affects the competitiveness of the non-oil sector; thereby explaining the divergent experiences of oil-rich economies across the world. This implies that oil wealth does not necessarily weaken the non-oil tradable sector; countries may mitigate the impact of Dutch disease and benefit from oil booms if revenues are used prudently to reduce oil dependence. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2008/172 606 $aPetroleum industry and trade$zAfrica, Sub-Saharan$xEconometric models 606 $aCompetition$xEconometric models$zAfrica, Sub-Saharan 606 $aInvestments: Energy$2imf 606 $aExports and Imports$2imf 606 $aTrade: General$2imf 606 $aEnergy: General$2imf 606 $aTrade Policy$2imf 606 $aInternational Trade Organizations$2imf 606 $aInternational economics$2imf 606 $aInvestment & securities$2imf 606 $aMacroeconomics$2imf 606 $aExports$2imf 606 $aOil$2imf 606 $aOil exports$2imf 606 $aReal exports$2imf 606 $aExport performance$2imf 606 $aPetroleum industry and trade$2imf 607 $aAfrica, Sub-Saharan$xEconomic conditions$xEconometric models 607 $aCôte d'Ivoire$2imf 615 0$aPetroleum industry and trade$xEconometric models. 615 0$aCompetition$xEconometric models 615 7$aInvestments: Energy 615 7$aExports and Imports 615 7$aTrade: General 615 7$aEnergy: General 615 7$aTrade Policy 615 7$aInternational Trade Organizations 615 7$aInternational economics 615 7$aInvestment & securities 615 7$aMacroeconomics 615 7$aExports 615 7$aOil 615 7$aOil exports 615 7$aReal exports 615 7$aExport performance 615 7$aPetroleum industry and trade 676 $a338.27282 700 $aQureshi$b Mahvash$01485180 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788234203321 996 $aAfrica?s Oil Abundance and External Competitiveness$93704171 997 $aUNINA