Dutch Disease
Exports Multiplicity and The Dutch Disease
... Following macroeconomics, an increase in exports should raise the Gross Domestic Product (GDP). However, the extant literature regarding comovement and causality between exports and GDP has not been consistent. Previous ...
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Oil Shocks and Kuwait’s Dinar Exchange Rate: the Dutch Disease Effect
... the Dutch disease but with a higher inflation compared with the flexible exchange rate (Neary, ...the Dutch disease is reduced but will result in higher inflation than the countries that use ...
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Analysis of the “Dutch Disease” effect and public financial management: the case of Mongolia
... the Dutch Disease that the real appreciation in the currency takes the form of money inflows and inflation if the country has a fixed exchange rate, whereas taking the form of nominal currency appreciation ...
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Dutch disease, factor mobility costs, and the ‘Alberta Effect’ – The case of Federations
... Therefore, our focus is specifically on the difference in factor mobility costs. In case these are viewed as transportation (Krugman, 1991) or transaction (Coase, 1937) costs so that they vary with distance, then once ...
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Dutch Disease, Factor Mobility Costs, and the ‘Alberta Effect’ – The Case of Federations
... This result provides an explanation to the previous empirical observation, and accounts for the difference in the intra-federal and cross-country differences. The intuition is straight forward – under a more corrupted ...
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The Downside of Domestic Substitution of Oil with Biofuels: Will Brazil Catch the Dutch Disease?
... Contraction in the gaso-alcohol industry causes output of petroleum refining (row 22) and petroleum and gas extraction (row 5) to fall. However the potential falls in output of these two upstream industries is mitigated ...
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Modeling Dutch Disease in the Economy of Iran: A Computable General Equilibrium Approach
... Liu, Day-Yang, and Wen-Jui Yang. (2000), "A CGE Model of 'Dutch disease' economics in Taiwan." Journal of International Trade & Economic Development Taylor and Francis Journals, 9(1) (Taylor and ...
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Does the Canadian economy suffer from Dutch Disease? 1
... Basically, two conditions need to be fulfilled before ascribing the recent evolution of the Canadian manufacturing sector to a Dutch disease. First, the evolution of Canadian currency should be clearly ...
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Emigrant’s remittances, Dutch Disease and capital accumulation: the case of Bangladesh
... “ Dutch Disease ” effect and the capital accumulation ...the Dutch Disease effect for the first period, 1976-1995, but turned to show the positive impact on capital accumulation for the second ...
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Emigrant’s remittances, Dutch Disease and capital accumulation in Mekong countries
... the Dutch Disease effect and capital accumulation effect as the components of capital inflows as described in Section 4, and also since these components have some weights comparable to received remittances ...
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Jamaica’s terms of trade: a problem of resource curse or Dutch disease?
... concentration and to support the view that the islands economic performance will be highly susceptible to shocks to its terms of trade. Section 4, examines the behaviour and the adjustment processes of the NBTT. The ...
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Monetary Policy and the Dutch Disease in a Small Open Oil Exporting Economy
... that Dutch disease e¤ect arise after spending and resource movement e¤ects in the following cases: i) ‡exible prices and wages both in the case of a windfall and in the case of a boom; ii) ‡exible wage and ...
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Do Remittances Cause Dutch Disease in Resource Poor Countries of Central Asia?
... In order to test whether Kyrgyzstan and Tajikistan experience Dutch disease, several diagnostic indicators are used. First, the paper looks at the shares and growth rates across tradable and non-tradable ...
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Investigating The Economic Performance of Central Asian Turkic Republics in Terms of Dutch Disease
... The Dutch Disease, which means that beneficial developments for an economy begins to give harmful results over time, can be seen especially in the countries having rich natural ...of Dutch ...
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Dutch disease or Nigerian disease: a prima facie? New evidence from ARDL bound test analysis
... This period was the beginning of Dutch Disease in Nigeria. The strong exchange rate that followed helped to cheapen imports of competing food items as well as agro-based and industrial raw materials, which ...
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Remittances and the Dutch disease in Sub-Saharan Africa. A Dynamic Panel Approach
... the Dutch-disease effect of remittance inflows (Corden and Neary, ...the Dutch-disease effect would be weakened or entirely absent (Izquierdo and Montiel, ...
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Analysis of the “Dutch Disease” effect: The case of resource rich ASEAN economies
... Second, on an analytical method, this study adopts a VAR model estimation with Granger causality and impulse response tests. The VAR makes it possible to trace directly the causality and dynamic responsive effect from ...
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Australia Mining Boom and Dutch Disease: Analysis Using VAR Method
... We contribute to this literature by examining the dynamic relationship between mining sector, manufacturing sector, service sector and exchange rate. In our study, mining GDP is a proxy for mineral boom and manufacturing ...
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THE DUTCH DISEASE EFFECT IN HIGH VS LOW OIL DEPENDENT COUNTRIES
... the Dutch disease shows that an exogenous increase in resource prices or in resource output results in real exchange rate appreciation and a decline in the manufacturing ...
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Testing the Presence of the Dutch Disease in Kazakhstan
... There are number of research papers that studied the effects the effects of oil dependence and the presence of the Dutch disease in Kazakhstan. Auty (1999) noted that heavy foreign investment in mining led ...
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