| Author: | Hutchison, M. M. |
| Title: | Manufacturing sector resiliency for energy booms: empirical evidence from Norway, the Netherlands and the United Kingdom. |
| Journal: | Oxford Economic Papers
1994 : APR, VOL. 46:2, p. 311-329 |
| Index terms: | ENERGY MANUFACTURING NETHERLANDS NORWAY UNITED KINGDOM |
| Language: | eng |
| Abstract: | The "Dutch disease" - the prediction that an energy boom will cause a contraction of the manufacturing sector - is investigated for the UK, the Netherlands and Norway. Co-integration and VECM statistical analyses do not provide much support for the hypothesis, either for the short- or longer-term horizons. Only for Norway do impulse response functions indicate a short-run adverse effect on manufacturing arising from the energy boom. |
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