Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Oil and the 'Dutch Disease': - The Case of the United Arab Emirates
Jönköping University, Jönköping International Business School, JIBS, Economics.
Jönköping University, Jönköping International Business School, JIBS, Economics.
2009 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

According to the Dutch Disease core model a boom in natural resources will eventually lead to a shift of production between sectors: from tradable goods to non-tradable goods. The authors found it interesting to research if United Arab Emirates has been a subject to any of the effects caused by the disease, due to the oil boom during the 1970s and the huge development that has appeared in the country. If the United Arab Emirates would be a vic-tim of the disease the decline in exports of the natural resource will result in a decline in the non-oil tradable goods which will affect the country negatively. Furthermore, the disease can also make it more difficult for the country to deal with the problem of high inflation. A time series covering the period 1975-2005 is used to analyse if the United Arab Emirates has experienced symptoms of the disease. Results show that the country has experienced some symptoms of the Dutch Disease during the period 1975-198 since changes in the price of oil caused tradables to shift to the non-tradable sector. Another sign of the disease is the high inflation rate Unite Arab Emirates experienced during the selected period, how-ever high inflation rate could be caused by other factors as well. Furthermore, the larger in-crease in the non-tradable sector compared to the tradable sector is also an indication of the disease in the country. According to these findings the authors can conclude that United Arab Emirates has experienced symptoms of the disease, however, it cannot be concluded that it has been a victim of the disease.

Place, publisher, year, edition, pages
2009. , 33 p.
Keyword
Dutch Disease, Non-tradable Goods, Resource Movement Effect, Spending Effect, Tradable Goods, United Arab Emirates
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-7666OAI: oai:DiVA.org:hj-7666DiVA: diva2:157942
Presentation
(English)
Uppsok
samhälle/juridik
Supervisors
Available from: 2009-02-05 Created: 2009-01-28 Last updated: 2009-02-05Bibliographically approved

Open Access in DiVA

fulltext(601 kB)1313 downloads
File information
File name FULLTEXT01.pdfFile size 601 kBChecksum SHA-512
2f882186513d174aaf617892b973e1b5bddc4d0b80ec032094ba8d39270c82c76985cbd93ff87ba279ae8dccd47a3fb600db3f41a6f64e034bed20f88cb5bd68
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Kärnström, JohannaEden, Maxine
By organisation
JIBS, Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 1313 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 619 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf