Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63380 
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dc.contributor.authorFielding, Daviden
dc.date.accessioned2012-09-21T09:31:27Z-
dc.date.available2012-09-21T09:31:27Z-
dc.date.issued2007-
dc.identifier.isbn9291909955=978-92-9190-995-7en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Research Paper |x2007/50en
dc.subject.jelF41en
dc.subject.jelO56en
dc.subject.ddc330en
dc.subject.keywordaiden
dc.subject.keywordDutch diseaseen
dc.subject.keywordSouth Pacificen
dc.subject.stwEntwicklungshilfeen
dc.subject.stwDutch Diseaseen
dc.subject.stwWirkungsanalyseen
dc.subject.stwSüdpazifischer Inselraumen
dc.titleAid and Dutch disease in the South Pacific-
dc.typeWorking Paperen
dc.identifier.ppn546116108en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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