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