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dc.contributor.authorFielding, Daviden_US
dc.date.accessioned2012-09-21T09:31:27Z-
dc.date.available2012-09-21T09:31:27Z-
dc.date.issued2007en_US
dc.identifier.isbn9291909955=978-92-9190-995-7en_US
dc.identifier.urihttp://hdl.handle.net/10419/63380-
dc.description.abstractThe impact of aid inflows on relative prices and output is ambiguous. Aid inflows that increase domestic expenditure are likely to cause real exchange rate appreciation, ceteris paribus. However, if this expenditure raises the capital stock in the traded goods sector, then output in this sector might not contract, at least in the steady state. Moreover, if investment in the nontraded goods sector is relatively high and/or productive, then there is not necessarily any real exchange rate appreciation in the steady state. We use time-series data to examine the impact of aid inflows on output and real exchange rates in ten South Pacific island states, and find aid inflows to produce a variety of outcomes in economies of different kinds.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesResearch Paper, UNU-WIDER, United Nations University (UNU) 2007/50en_US
dc.subject.jelF41en_US
dc.subject.jelO56en_US
dc.subject.ddc330en_US
dc.subject.keywordaiden_US
dc.subject.keywordDutch diseaseen_US
dc.subject.keywordSouth Pacificen_US
dc.subject.stwEntwicklungshilfeen_US
dc.subject.stwDutch Diseaseen_US
dc.subject.stwWirkungsanalyseen_US
dc.subject.stwS├╝dpazifischer Inselraumen_US
dc.titleAid and Dutch disease in the South Pacificen_US
dc.typeWorking Paperen_US
dc.identifier.ppn546116108en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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