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Autor:innen: 
Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
CASE Network Studies & Analyses No. 380
Verlag: 
Center for Social and Economic Research (CASE), Warsaw
Zusammenfassung: 
This study seeks to determine the extent to which countries of the former Soviet Union are infected” by the Dutch Disease. We take a detailed look at the functioning of the transmission mechanism of the Dutch Disease, i.e. the chains that run from commodity prices to real output in manufacturing. We complement this with two econometric exercises. First, we estimate nominal and real exchange rate models to see whether commodity prices are correlated with the exchange rate. Second, we run growth equations to analyse the possible effects of commodity prices and the dependency of economic growth on natural resources.
Schlagwörter: 
Dutch disease
exchange rate
growth
oil
commodity prices
CIS
transition
JEL: 
E31
F31
O11
P17
Dokumentart: 
Research Report

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