Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/71265
Authors: 
Egert, Balazs
Year of Publication: 
2013
Series/Report no.: 
CESifo Working Paper: Fiscal Policy, Macroeconomics and Growth 4186
Abstract: 
This study seeks to determine the extent to which the former communist states of Central and South-West Asia are infected by the Dutch Disease. We take a detailed look at the functioning of the transmission mechanism of the Dutch Disease, i.e. the chains that run from commodity prices to real output in manufacturing. We complement this with two econometric exercises. First, we estimate nominal and real exchange rate models to see whether commodity prices are correlated with the exchange rate. Second, we run growth equations to analyse the possible effects of commodity prices and the dependency of economic growth on natural resources.
JEL: 
E31
F31
O11
P17
Document Type: 
Working Paper

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