Dutch disease resistance: evidence from Indonesian firms
Oil and gas extraction may lead to the Dutch disease, i.e. the crowding ot of the manufacturing sector due to rising wages when labor is drawn to the expanding extraction and services sectors. In this paper we exploit the fact that oil and gas discoveries contain an element of chance as well as oil...
| Main Authors: | , , |
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| Format: | Working paper |
| Published: |
University of Oxford
2017
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