scholarly journals Is The Dutch Disease Valid for Turkey in terms of the Effects of Portfolio Investments and Export Revenues on the Manufacturing Industry?

2019 ◽  
Vol 8 (1) ◽  
pp. 8-38
Author(s):  
Ali KONAK
Keyword(s):  
Manufacturing Industry ◽  
Dutch Disease ◽  
Portfolio Investments

Brazil’s Macroeconomic Policy Institutions, Quasi-Stagnation, and the Interest Rate–Exchange Rate Trap

2018 ◽  
Author(s):  
Luiz Carlos Bresser-Perreira
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Interest Rates ◽  
Manufacturing Industry ◽  
Macroeconomic Policy ◽  
Dutch Disease ◽  
The Interest Rate ◽  
High Level ◽  
Investment Capacity ◽  
Productivity And Competitiveness

This chapter examines the evolution of macroeconomic policy and institutions over the long term and the ways in which they have influenced the growth path of the Brazilian economy. It establishes that a critical influence on the disappointing growth performance realized was a failure to neutralize the effects of exchange rate induced Dutch Disease. In addition to this, Brazil’s economic dynamism has been inhibited by the pursuit of a growth with current account deficits (“foreign savings”) policy; an exchange rate anchor policy to control inflation; and a high level of interest rates. Collectively, these factors have reduced the productivity and competitiveness of Brazil’s manufacturing industry. In addition, the interest-rate level has remained very high since the Real Plan and, from the late 1970s the investment capacity of the Brazilian state drastically decreased.

scholarly journals Some aspects of the "dutch disease" in the economy of the Republic of Kazakhstan

2021 ◽  
pp. 22-41
Author(s):  
A. T. Abdikarimova ◽  
G. B. Aimagambetova
Keyword(s):  
Time Series ◽  
Manufacturing Industry ◽  
Structural Changes ◽  
Negative Relationship ◽  
Mining Industry ◽  
Structural Transformations ◽  
Cointegration Analysis ◽  
Dutch Disease ◽  
World Markets ◽  
The Republic

The fundamental structural transformations that have taken place in the country's economy have led to a deterioration in the quality of the economic system and increased dependence of the national economy on the conjuncture of world markets. Our previous research was concerned with determining what triggered the change in the structure of the economy, how effective the changes were, and what changes in sector proportions they led to. In this article, we tried to analyze whether we are facing the consequences of the "Dutch disease", which led to structural transformations in the economy.The purpose of the study is to confirm our assumption that the economy of the Republic of Kazakhstan is subject to the "Dutch disease".Methodology of the study. The authors relied on the cointegration analysis of time series using the Engle-Granger tests, the analysis of the stationarity of the Dickey-Fuller methods in order to determine cointegration, to assess the degree of interrelation between the values of mining and manufacturing production volumes on GDP indicators, as evidence of the presence of "Dutch disease".Originality / value of the research. The originality and value of the study lies on the fact that the authors tried to analyze the economy for the presence of "Dutch disease" in the economy of Kazakhstan using time series analysis methods.Findings. There is an assumption that the economy of Kazakhstan has certain symptoms and signs of the "Dutch disease", but it is not possible to say unequivocally that it was the main catalyst for structural changes, due to the fact that we could not prove the existence of a negative relationship between the growth rates of the mining industry and the manufacturing industry.

scholarly journals Could Palm Oil Plantation Increase Individual Expenditure? The Dutch Disease Implication in Indonesia

2021 ◽  
Vol 10 (1) ◽  
pp. 77-92
Author(s):  
Cavin Dennis Tito Siregar ◽  
Estro Dariatno Sihaloho
Keyword(s):  
Palm Oil ◽  
Manufacturing Industry ◽  
Production Capacity ◽  
Oil Production ◽  
Oil Industry ◽  
Dutch Disease ◽  
Explanatory Variables ◽  
Instrumental Variable Regression ◽  
Tradable Sector ◽  
The Individual

Indonesia is the largest palm-oil producing country, covering almost 80 percent of global production. With the extensive production capacity, this research seeks to analyze the linkages between palm oil production and its impact on the economy by the individual monthly expenditure. To reveal the connections, this research analyzes the Dutch Disease phenomenon in Indonesia, which explains how the non-tradable sector, palm-oil industry, affects the tradable sector like the manufacturing industry. The panel data variables are selected from 2011 to 2015 within 22 provinces to see the Dutch Disease's implications. As the model is suffered from the endogeneity, the correlation of explanatory variables with the error term, the research uses the Instrumental-Variable Regression method. The analysis indicates that Indonesia was not suffered from Dutch Disease. Therefore, palm oil production could increase individual expenditure. Finally, the extension of palm oil plantations could benefit Indonesia's economy without affecting other sectors.JEL Classification: E21, E24, O13, O44How to Cite:Siregar, C. D. T., & Sihaloho, E. D. (2021). Could Palm Oil Plantation Increase Individual Expenditure? The Dutch Disease Implication in Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 10(1), 77-92. doi: http://doi.org/10.15408/sjie.v10i1.15831.

Crisis Reactions and Their Consequences for the Real Sector of the Russian Economy

2011 ◽  
pp. 39-50
Author(s):  
V. Lushin
Keyword(s):  
Financial Crisis ◽  
Acute Phase ◽  
Dutch Disease ◽  
Added Value ◽  
Real Sector ◽  
The Real ◽  
Balanced Development ◽  
Russian Economy ◽  
The Government ◽  
State Modernization

The author analyzes factors that led to a deeper fall in output and profitability in the real sector of the Russian economy in comparison with other segments during the acute phase of the financial crisis. It is argued that some contradictions in the government anti-recession policy, activities of the financial sector and natural monopolies lead to pumping out added value created in manufacturing and agriculture, increase symptoms of the «Dutch disease», etc. It is shown that it may threaten the balanced development of the Russian economy, and a set of measures is suggested to minimize these tendencies and create a basis for the state modernization policy.

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