Relevance and limits of the Dutch disease in developing countries : the case of natural resources in Africa ; Pertinence et limites du syndrome hollandais dans les pays en développement : le cas des ressources naturelles en Afrique

This thesis is dedicated to the understanding of the “Dutch disease” theory andits implications for developing countries. To that aim, it questions some of the mainunderlying assumptions of theoretical Dutch disease models, and tests their relevance basedon empirical evidence for resource-rich African countries. The thesis is decomposed into fourchapters. The first chapter reviews the theoretical and empirical literature on Dutch disease,both to show the importance of this concept for developing countries and to highlight itslimitations. Chapter 2 discusses different definitions of real exchan... Mehr ...

Verfasser: Mien, Edouard
Dokumenttyp: doctoralThesis
Erscheinungsdatum: 2022
Verlag/Hrsg.: HAL CCSD
Schlagwörter: Dutch disease / Natural resources / Exchange rates / Structural transformations / Africa / Syndrome hollandais / Ressources naturelles / Taux de change / Transformations structurelles / Afrique / [SHS.ECO]Humanities and Social Sciences/Economics and Finance
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-26619464
Datenquelle: BASE; Originalkatalog
Powered By: BASE
Link(s) : https://theses.hal.science/tel-04126203

This thesis is dedicated to the understanding of the “Dutch disease” theory andits implications for developing countries. To that aim, it questions some of the mainunderlying assumptions of theoretical Dutch disease models, and tests their relevance basedon empirical evidence for resource-rich African countries. The thesis is decomposed into fourchapters. The first chapter reviews the theoretical and empirical literature on Dutch disease,both to show the importance of this concept for developing countries and to highlight itslimitations. Chapter 2 discusses different definitions of real exchange rates and estimate theimpact of oil revenues on five exchange rate indicators in a panel of nine African oilexporting countries between 1995 and 2017. Chapter 3 tries to distinguish the Dutch diseasefrom the pass-through effect by investigating the impact of oil price and production shocks ondomestic inflation in five African countries that are both net oil exporters and oil consumersbetween 1995 and 2019. The final chapter assesses the impact of extractives resources onvalue-added in agriculture, manufacture, construction and services in a panel of 50 Africancountries between 1995 and 2019. ; Cette thèse a pour objectif de contribuer à la compréhension de la théorie du“syndrome hollandais” et de ses implications pour les pays en développement. Pour cela, ellequestionne certaines des hypothèses fondamentales des modèles théoriques du syndromehollandais et teste la pertinence de ces hypothèses à partir d’analyses portant sur des paysafricains riches en ressources naturelles. Elle se décompose en quatre chapitres. Le premierchapitre propose une revue de la littérature théorique et empirique sur le syndrome hollandais,afin de démontrer l’importance de ce concept pour les pays en développement mais aussi d’ensouligner les limites. Le chapitre 2 discute les différentes définitions du taux de change réel etestime l’impact des revenus pétroliers sur cinq indicateurs de taux de change dans un panel deneuf pays africains ...