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Dutch diease in the post-soviet countries of central and south-west Asia: How contagious is it?

Author

Listed:
  • Balázs Égert

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

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.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Balázs Égert, 2012. "Dutch diease in the post-soviet countries of central and south-west Asia: How contagious is it?," Post-Print hal-01385841, HAL.
    • Handle: RePEc:hal:journl:hal-01385841
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    Cited by:

    1. Edouard Mien & Michaël Goujon, 2022. "40 Years of Dutch Disease Literature: Lessons for Developing Countries," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(3), pages 351-383, September.
    2. repec:eco:journ2:2017-04-02 is not listed on IDEAS
    3. Magali Dauvin & David Guerreiro, 2016. "The Paradox of Plenty: A Meta-Analysis," Working Papers hal-04141596, HAL.
    4. Giovanni Covi, 2014. "Dutch disease and sustainability of the Russian political economy," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2014(2), pages 75-110.
    5. Taguchi, Hiroyuki & Elbek, Abdullaev, 2022. "Premature deindustrialization in post-Soviet economies," MPRA Paper 114413, University Library of Munich, Germany.
    6. Niftiyev, Ibrahim, 2018. "De-Industrialization Patterns of Azerbaijan: Potential Outcomes of Dutch Disease Syndrome," EconStor Preprints 227733, ZBW - Leibniz Information Centre for Economics.

    More about this item

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • P17 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Performance and Prospects

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