The Structural Manifestation of the 'Dutch Disease’: The Case of Oil Exporting Countries

@article{Ismail2010TheSM,
  title={The Structural Manifestation of the 'Dutch Disease’: The Case of Oil Exporting Countries},
  author={Kareem Ismail},
  journal={Econometrics: Applied Econometrics & Modeling eJournal},
  year={2010}
}
  • Kareem Ismail
  • Published 2010
  • Economics
  • Econometrics: Applied Econometrics & Modeling eJournal
  • This study derives structural implications of the Dutch disease in oil-exporting countries due to permanent oil price shocks from a typical model. We then test these implications in manufacturing sector data across a wide group of countries including oil-exporters covering 1977 to 2004. The results on oil-exporting countries are four folds. First, we find that permanent increases in oil price negatively impact output in manufacturing as consistent with the Dutch disease. Second, Evidence in the… CONTINUE READING
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