Oil discoveries and protectionism: role of news effects

Can oil discovery shocks affect the demand for protectionism? An intertemporal model of Dutch disease indicates that if the tradable sector is politically dominant then an oil discovery can induce protectionism. If the economy is also credit constrained, this effect is intensified upon discovery, bu...

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Bibliographic Details
Main Authors: Perez-Sebastian, F, Raveh, O, van der Ploeg, F
Format: Journal article
Language:English
Published: Elsevier 2021