The resource curse reloaded: revisiting the Dutch disease with economic complexity analysis
Autor(a) principal: | |
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Data de Publicação: | 2017 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
Texto Completo: | http://hdl.handle.net/10438/18037 |
Resumo: | This paper shows that the Dutch disease can be more formally characterised as low economic complexity using ECI-type indicators; there is a solid and robust inverse relationship between exports concentrating on natural resources and economic complexity as measured by complexity indicators for a database of 122 countries from 1963 to 2013. In a large majority of cases, oil answers for shares in excess of 50% of exports. In addition to empirical panel analysis, we address case studies concerned with Indonesia and Nigeria and introduce a brief review of the theoretical literature on the topic. Indonesia is considered in the literature as a good example in avoiding the negative effects of the Dutch disease, whereas Nigeria is taken as a bad example in terms of institutions and policies adopted during the seventies and eighties. The empirical results show that complexity analysis and Big Data may offer significant contributions to the still-current debate surrounding the Dutch disease. |
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Camargo, Jhean Steffan Martines deGala, PauloEscolas::EESP2017-03-13T12:43:21Z2017-03-13T12:43:21Z2017TD 448http://hdl.handle.net/10438/18037This paper shows that the Dutch disease can be more formally characterised as low economic complexity using ECI-type indicators; there is a solid and robust inverse relationship between exports concentrating on natural resources and economic complexity as measured by complexity indicators for a database of 122 countries from 1963 to 2013. In a large majority of cases, oil answers for shares in excess of 50% of exports. In addition to empirical panel analysis, we address case studies concerned with Indonesia and Nigeria and introduce a brief review of the theoretical literature on the topic. Indonesia is considered in the literature as a good example in avoiding the negative effects of the Dutch disease, whereas Nigeria is taken as a bad example in terms of institutions and policies adopted during the seventies and eighties. The empirical results show that complexity analysis and Big Data may offer significant contributions to the still-current debate surrounding the Dutch disease.engEESP - Textos para Discussão;TD 448Dutch diseaseEconomic complexityEconomic developmentEconomiaEquilíbrio econômicoEconomiaThe resource curse reloaded: revisiting the Dutch disease with economic complexity analysisinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessTEXTTD 448 - Jhean_Paulo.pdf.txtTD 448 - Jhean_Paulo.pdf.txtExtracted texttext/plain49175https://repositorio.fgv.br/bitstreams/c17d2b97-8505-49f9-a127-09f11fd0c81c/download91639ddc618abd80bc92cb2807932379MD57ORIGINALTD 448 - Jhean_Paulo.pdfTD 448 - 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dc.title.eng.fl_str_mv |
The resource curse reloaded: revisiting the Dutch disease with economic complexity analysis |
title |
The resource curse reloaded: revisiting the Dutch disease with economic complexity analysis |
spellingShingle |
The resource curse reloaded: revisiting the Dutch disease with economic complexity analysis Camargo, Jhean Steffan Martines de Dutch disease Economic complexity Economic development Economia Equilíbrio econômico Economia |
title_short |
The resource curse reloaded: revisiting the Dutch disease with economic complexity analysis |
title_full |
The resource curse reloaded: revisiting the Dutch disease with economic complexity analysis |
title_fullStr |
The resource curse reloaded: revisiting the Dutch disease with economic complexity analysis |
title_full_unstemmed |
The resource curse reloaded: revisiting the Dutch disease with economic complexity analysis |
title_sort |
The resource curse reloaded: revisiting the Dutch disease with economic complexity analysis |
author |
Camargo, Jhean Steffan Martines de |
author_facet |
Camargo, Jhean Steffan Martines de Gala, Paulo |
author_role |
author |
author2 |
Gala, Paulo |
author2_role |
author |
dc.contributor.unidadefgv.por.fl_str_mv |
Escolas::EESP |
dc.contributor.author.fl_str_mv |
Camargo, Jhean Steffan Martines de Gala, Paulo |
dc.subject.eng.fl_str_mv |
Dutch disease Economic complexity Economic development |
topic |
Dutch disease Economic complexity Economic development Economia Equilíbrio econômico Economia |
dc.subject.area.por.fl_str_mv |
Economia |
dc.subject.bibliodata.por.fl_str_mv |
Equilíbrio econômico Economia |
description |
This paper shows that the Dutch disease can be more formally characterised as low economic complexity using ECI-type indicators; there is a solid and robust inverse relationship between exports concentrating on natural resources and economic complexity as measured by complexity indicators for a database of 122 countries from 1963 to 2013. In a large majority of cases, oil answers for shares in excess of 50% of exports. In addition to empirical panel analysis, we address case studies concerned with Indonesia and Nigeria and introduce a brief review of the theoretical literature on the topic. Indonesia is considered in the literature as a good example in avoiding the negative effects of the Dutch disease, whereas Nigeria is taken as a bad example in terms of institutions and policies adopted during the seventies and eighties. The empirical results show that complexity analysis and Big Data may offer significant contributions to the still-current debate surrounding the Dutch disease. |
publishDate |
2017 |
dc.date.accessioned.fl_str_mv |
2017-03-13T12:43:21Z |
dc.date.available.fl_str_mv |
2017-03-13T12:43:21Z |
dc.date.issued.fl_str_mv |
2017 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10438/18037 |
dc.identifier.sici.none.fl_str_mv |
TD 448 |
identifier_str_mv |
TD 448 |
url |
http://hdl.handle.net/10438/18037 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.ispartofseries.por.fl_str_mv |
EESP - Textos para Discussão;TD 448 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.source.none.fl_str_mv |
reponame:Repositório Institucional do FGV (FGV Repositório Digital) instname:Fundação Getulio Vargas (FGV) instacron:FGV |
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