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- W2133839000 abstract "This paper analyses the economic effects of the oil and gas sector (energy booms) on manufacturing output in two energy producing countries: Norway and the UK. In particular, I investigate whether there is evidence of a ‘Dutch disease’, that is whether energy booms have had adverse effects on manufactures. In addition to energy booms, three other types of structural disturbances are identified; demand, supply and oil price shocks. The different disturbances are identified by imposing dynamic restrictions on a vector autoregressive model. Overall, there is only weak evidence of a Dutch disease in the UK, whereas manufacturing output in Norway has actually benefited from energy discoveries and higher oil prices" @default.
- W2133839000 created "2016-06-24" @default.
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- W2133839000 date "1998-11-01" @default.
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- W2133839000 title "The Economic Effects of North Sea Oil on the Manufacturing Sector" @default.
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- W2133839000 doi "https://doi.org/10.1111/1467-9485.00112" @default.
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