Browsing Centre for Applied Macro- and Petroleum economics (CAMP) by Subject "Resource boom, commodity prices, Dutch disease, learning by doing, two-speed economy, Bayesian Dynamic Factor Model (BDFM)"
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(CAMP Working Paper Series;6/2014, Working paper, 2014)Traditional studies of the Dutch disease do not account for productivity spillovers between the booming resource sector and other domestic sectors. We put forward a simple theory model that allows for such spillovers. ...