Public investment to reverse Dutch disease: the case of Chad
Abstract"This paper studies the relevance of agricultural policies for avoiding Dutch Disease, which affects many less developed countries experiencing a resource boom. Using a computable general equilibrium model calibrated for Chad, we study the impact of using this country's annual oil revenue for public investment, particularly in the development of road and irrigation infrastructure. Our model takes into account the integration of markets and migration processes. We find that improving water access would reduce Chad's dependence on food aid and entail a substantial improvement in rural household welfare." Author's Abstract
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Bibliographic InfoPaper provided by International Food Policy Research Institute (IFPRI) in its series DSGD discussion papers with number 35.
Date of creation: 2006
Date of revision:
Agricultural policies; Computable general equilibrium (CGE); infrastructure; Public investment; Rural households; Market integration; trade; Road construction Economic aspects;
Other versions of this item:
- Stephanie Levy, 2007. "Public Investment to Reverse Dutch Disease: The Case of Chad," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 16(3), pages 439-484, June.
- NEP-AFR-2006-09-23 (Africa)
- NEP-AGR-2006-09-23 (Agricultural Economics)
- NEP-ALL-2006-09-23 (All new papers)
- NEP-CMP-2006-09-23 (Computational Economics)
- NEP-DEV-2006-09-23 (Development)
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