Tekijä:Hutchison, M. M.
Otsikko:Manufacturing sector resiliency for energy booms: empirical evidence from Norway, the Netherlands and the United Kingdom.
Lehti:Oxford Economic Papers
1994 : APR, VOL. 46:2, p. 311-329
Asiasana:ENERGY
MANUFACTURING
NETHERLANDS
NORWAY
UNITED KINGDOM
Kieli:eng
Tiivistelmä: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.
SCIMA tietueen numero: 111566
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