A graphic explanation on how a tax on exports neutralizes the Dutch disease without costs to exporters
The adequate way of neutralizing the Dutch disease is the imposition of a variable tax on the export of the commodity that originates the disease. If such tax is equivalent to the "size" of the Dutch disease, it will shifts to the right its supply curve of the commodity in relation to the exchange rate, giving the existing domestic supply and the international demand, the exchange rate will depreciate at the value of the tax, and the equilibrium exchange rate will move from the "current" to the "industrial" equilibrium.
Verfasser: | |
---|---|
Dokumenttyp: | Artikel |
Erscheinungsdatum: | 2012 |
Reihe/Periodikum: | Brazilian Journal of Political Economy, Vol 32, Iss 4, Pp 700-702 (2012) |
Verlag/Hrsg.: |
Editora 34
|
Schlagwörter: | exchange rate / Dutch disease / tax on exports / Economics as a science / HB71-74 |
Sprache: | Englisch Portuguese |
Permalink: | https://search.fid-benelux.de/Record/base-28990490 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://doi.org/10.1590/S0101-31572012000400010 |