This study derives structural implications of the Dutch disease in oil-exporting countries due
to permanent oil price shocks from a typical model. We then test these implications in …

The novelty of this study is that it empirically tests four hypotheses of the Dutch Disease in
the Azerbaijan economy while systematically controls for other possible explanations of the …

We review the literature on Dutch disease, and document that shocks that trigger foreign
exchange inflows (such as natural resource booms, surges in foreign aid, remittances, or …

While there is much evidence to support the resource curse hypothesis for resource-
abundant countries, some studies have found that oil booms raise the economic growth of …

For several decades, economists have endeavored to determine whether a sudden surge in
mineral and energy extraction activity poses an albatross or boon to an economy. The …

The aim of this work is to investigate the different implications in terms of political stability
that a high oil dependency has in both oil-exporting and oil-importing countries. We employ …

We study the response of a three-sector commodity-exporter small open economy to a
commodity price boom. When the economy has access to international borrowing and …

This paper studies the long run effects of oil price growth rates (OS) on the economic growth
of the Kingdom of Saudi Arabia (KSA). The empirical results of an autoregressive distributed …

This paper examines the extent to which permanent terms of trade shocks have an
asymmetric effect on private savings. The first part uses a simple three-period model to show …

ANALYZING CAUSES OF INTERNATIONAL TRADE SHOCKS Aysar Y. Fahad A, Taib
Othman Abdurrazaq B ARTICLE INFO ABSTRACT Page 1 Intern. Journal of Profess. Bus …