Oil discoveries and protectionism

Can oil discovery shocks affect the demand for protectionism? A two-period model of Dutch disease indicates that if the tradable sector is politically dominant then an oil discovery induces protectionism. If the economy is also credit constrained, this effect is intensified upon discovery, but parti...

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Bibliographic Details
Main Authors: Van der Ploeg, R, Perez-Sebastian, F, Raveh, O
Format: Working paper
Published: University of Oxford 2019