The impact of natural resource abundance on economic growth and the role of quality institutions

This study investigates the impact of The impact of oil resource abundance on economic growth in organization of petroleum exporting countries (OPEC) and the role of institutions during 2002-2013 and economic growt Performance in OPEC examined panel Model's. Indicator of intellectual property rights, trade freedom index, the quality of the judicial system and business regulation as an indicator of the quality of institutions and the product of the indicators in oil revenues has been used as an indicator of the quality of institutions . The results showed that The quality of institutions index, openness and positive effect of education on economic growth in OPEC oil reserves in these countries has a negative effect on economic growth. Also, by increasing the quality of institutions in the countries surveyed, the curse into a blessing.