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Energy and Resource Allocation: A Dynamic Model of the "Dutch Disease"

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NBER1982-02-01 更新2025-01-04 收录
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It is well known that a domestic resource discovery gives rise to wealth effects that cause a squeeze of the tradeable good sector of an open economy. The decline of the manufacturing sector following an energy discovery has been termed the "Dutch disease," and has been investigated in many recent

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1982-02-01
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