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Examining Dutch disease across Australian regions

Author

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  • Muhammad Shafiullah
  • Saroja Selvanathan
  • Athula Naranpanawa
  • Andreas Chai

Abstract

The recent mining boom represents one of the largest external shocks to the Australian economy in its post‐war history. Although most agree that it had a positive effect on the Australian economy as well as on people’s living standards, there is disagreement over the extent to which this boom has caused deindustrialisation and the so‐called Dutch disease in Australia. Our empirical findings support the presence of Dutch disease nationally for Australia using data for the period 1984–2013. Regionally, the results show that Dutch disease was concentrated mainly in the eastern and southern states of Australia—Victoria, Queensland, South Australia and Tasmania.

Suggested Citation

  • Muhammad Shafiullah & Saroja Selvanathan & Athula Naranpanawa & Andreas Chai, 2019. "Examining Dutch disease across Australian regions," The World Economy, Wiley Blackwell, vol. 42(2), pages 590-613, February.
  • Handle: RePEc:bla:worlde:v:42:y:2019:i:2:p:590-613
    DOI: 10.1111/twec.12720
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    Cited by:

    1. Mensi, Walid & Shafiullah, Muhammad & Vo, Xuan Vinh & Kang, Sang Hoon, 2021. "Volatility spillovers between strategic commodity futures and stock markets and portfolio implications: Evidence from developed and emerging economies," Resources Policy, Elsevier, vol. 71(C).
    2. Mensi, Walid & Shafiullah, Muhammad & Vo, Xuan Vinh & Kang, Sang Hoon, 2022. "Asymmetric spillovers and connectedness between crude oil and currency markets using high-frequency data," Resources Policy, Elsevier, vol. 77(C).
    3. Muhammad Shafiullah & Vassilios G. Papavassiliou & Muhammad Shahbaz, 2021. "Is There an Extended Education-Based Environmental Kuznets Curve? An Analysis of U.S. States," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 80(4), pages 795-819, December.

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