SavedAdd your journal

Journals / Sosyoekonomi / 2012 / Cilt: 18 - Sayı: 18

Dutch disease: An application on developing countries

Burcu ÖZCAN
Ayşe ARI
Pages
153–171
Publication Date
2022-10-18
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The results confirm the existence of Dutch disease for this country sample.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Workers' remittances are one of the important financial sources for developing countries.
📊
Key Findings & Data:They attract attention by many scholars due to their expansive volumes.
💡
Conclusion & Impact:The results confirm the existence of Dutch disease for this country sample.
🔬Design:Modeling & Simulation
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Workers' remittances are one of the important financial sources for developing countries. They attract attention by many scholars due to their expansive volumes. They are getting more important since it is especially accepted that these inflows cause Dutch disease in the literature. This study aims to examine whether workers' remittances bring about Dutch Disease problem, or not. In the applied part, fixed effects and instrumental variable estimation methods from panel data models are used. The results confirm the existence of Dutch disease for this country sample.

🔖

Cite This Article

ÖZCAN, B., ARI, A. (2022). Dutch disease: An application on developing countries. Sosyoekonomi, Cilt: 18 - Sayı: 18, 153–171. https://ajindex.com/articles/592513

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (9)

  1. Acosta, P.A., E.K.K. Lartey ve F.S. Mandelman (2009), "Remittances and the Dutch Disease" Journal of International Economics, 79 (1), 102-116.
  2. Adenauer, I. & L. Vagassky (1998), "Aid and the Real Exchange Rate: Dutch Disease Effects in African Countries", Intereconomics: Review of European Economic Policy, 33(4), 177— 185. Agenor, P.R., A.W. Hoffinmaister ve C.I. Medeiros (1997), "Cyclical Fluctuations in Brazil's Real Exchange Rate: the Role of Domestic and External Factors", IMF Working Paper, WP/97/128. Amuedo-Dorantes, C., S. Pozo ve C. Vargas-Silva (2007), "Remittances and the Macroeconomy: The Case of Small Island Developing States", UNU-WIDER Project Meeting on Fragility and Development, Suva, Fiji. Balassa, B. (1964), "The purchasing Power Parity doctrine: A reappraisal", The Journal of Political Economy, 72 (6), 584-596.
  3. Baltagi, B.H. ve P.X. Wu (1999), "Unequally Spaced Panel Data Regressions With AR(1) Disturbances", Econometric Theory, 15 (6), 814-823.
  4. Baltagi, B.H. (2005), Econometric Analysis of Panel Data, (3rd ed.), England, John Wiley & Sons Ltd. Barajas, A., R. Chami, D.S. Hakura ve P. Montiel (2010), "Workers' Remittances and the Equilibrium Real Exchange Rate: Theory and Evidence", IMF Working Paper, WP/10/287. Baum, C.F. (2006), An Introduction to Modern Econometrics Using Stata. Texas, United States, Stata Press Publication. Bhargava, A., L. Franzini ve W. Narendranathan (1982), "Serial Correlation and Fixed Effects Model", Review of Economic Studies, 49(4), 533-549.
  5. Bourdet, Y. ve H. Falck (2006), "Emigrants' remittances and Dutch Disease in Cape Verde", International Economic Journal, 20(3), 267-284.
  6. Caceres, L.R. ve N.N. Saca (2006), "What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador", IMF Working Paper, 06/250, Washington. Copenhagen Business School: CBS (2010), "Applied Quantitative Methods for Phd Students: Intermediate Econometrics IF, Unpublished lecture notes. Corden,W.M., J.P. Neary (1989), "Booming Sector and Deindustrialisation in a Small Open Economy", Economic Journal, 92, 825-848.
  7. Drine, I. ve C. Rault (2003), "Long-run determinants of real exchange rate: New evidence based on panel data unit root and cointegration tests for MENA countries ", Paper presented at the international conference on Money, Macro and Finance, 5-7 September 2003.
  8. Durbin, J. (1954), "Errors in Variables", Review of the International Statistical Institute, 22 (1-3), 23-32.
  9. Edison, H.ve J. Klovland (1987