Holdings: Services, Inequality, and the Dutch Disease

Services, Inequality, and the Dutch Disease

This paper shows how Dutch disease effects may arise solely from a shift in demand following a natural resource discovery. The natural resource wealth increases the demand for non-tradable luxury services due to non-homothetic preferences. Labor th...

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Bibliographic Details
Main Authors:	Battaile, Bill, Chisik, Richard, Onder, Harun
Language:	English en_US
Published:	World Bank Group, Washington, DC 2014
Subjects:	AGGREGATE CONSUMPTION AGGREGATE DEMAND AGGREGATE DEMANDS AGRICULTURE AUTOMOBILES BENCHMARKING BILL COMMODITY COMMODITY PRICE COMMODITY PRICE BOOM COMPARATIVE ADVANTAGE CONSOLIDATION CONSTANT RETURNS TO SCALE CONSUMERS CURRENCY CURRENCY APPRECIATION DEBT DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DIRECT PAYMENTS DISTORTIONS DISTRIBUTION OF INCOME DOMESTIC CONSUMPTION DUTCH DISEASE E-MAIL ECONOMIC ENVIRONMENT ECONOMIC GROWTH ECONOMIC MODELS ECONOMIC OUTCOMES ECONOMIC POLICY ECONOMIC THEORY ECONOMICS LITERATURE ECONOMIES OF SCALE ELASTICITY EMERGING MARKETS EMERGING MARKETS FINANCE EQUATIONS EQUILIBRIUM EQUILIBRIUM CONDITIONS EXCESS DEMAND EXCHANGE RATE EXCHANGE-RATE EXPORT REVENUE EXPORT REVENUES EXPORTERS EXPORTS FACTORS OF PRODUCTION FINANCIAL DEVELOPMENT FOREIGN EXCHANGE FREE TRADE FUTURE RESEARCH GDP GOLD HOME COUNTRY IMPORTS INCOME INCOME EFFECT INCOME ELASTICITY INCOME INEQUALITY INCOME LEVELS INSPECTION INTERNATIONAL ECONOMICS INTERNATIONAL TRADE LABOR DEMAND LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LABOR SUPPLY LOW-INCOME COUNTRIES MANUFACTURING MARGINAL PROPENSITY TO CONSUME MARKET CONDITIONS MARKET EQUILIBRIUM MATHEMATICAL PROPERTIES MIDDLE INCOME COUNTRIES NATURAL RESOURCE NATURAL RESOURCES OIL EXPORTS OIL MARKET OIL REVENUES OPEN ACCESS OPEN ECONOMY OUTPUT PHONE POLITICAL ECONOMY POLITICAL INSTITUTIONS POVERTY REDUCTION PRICE OF GOOD PRICE OF OIL PRODUCTION PROCESS PRODUCTIVITIES PRODUCTIVITY PURCHASING POWER REAL EXCHANGE RATE REMITTANCES RENTS RESOURCE MOVEMENT EFFECT RESULT RESULTS SOCIAL SERVICES STRUCTURAL CHANGE TAXATION TIME PERIOD TRADABLE GOODS USES UTILITY FUNCTION WAGES WEALTH WEB WORLD DEMAND WORLD MARKETS
Online Access:	http://documents.worldbank.org/curated/en/2014/07/19760476/services-inequality-dutch-disease http://hdl.handle.net/10986/19359

Internet

http://documents.worldbank.org/curated/en/2014/07/19760476/services-inequality-dutch-disease
http://hdl.handle.net/10986/19359

Services, Inequality, and the Dutch Disease

Internet

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