An Investigation of a Partial Dutch Disease in Botswana
Diversification of resource-driven economies has proven to be a very stubborn problem. Even relatively successful countries struggle to achieve a structural change towards manufacturing and high-tech industries. Botswana has been often cited as one of the few countries that escaped the resource curse and performed well in terms of economic growth. However, a significant share of the domestic output and most of the exports are still coming from the mining sector. In this paper we present the spending effect as a possible explanation for the lack of economic diversity. Using a nonlinear autoregr... Mehr ...
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Dokumenttyp: | other |
Schlagwörter: | diversification / resource curse / spending effect / real exchange rate / asymmetric cointegration / nonlinear autoregressive distributed lag model / Társadalomtudományok / Közgazdaságtudományok |
Sprache: | unknown |
Permalink: | https://search.fid-benelux.de/Record/base-28625064 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://hdl.handle.net/20.500.12944/20380 |