Abstract
This paper investigates Dutch Disease hypothesis analyzing the impact of foreign inflows on appreciating real exchange rate. The paper also studies contraction in the tradable sector in selected South East Asian countries over 1981-2007. Using static and dynamic panel data techniques, the study first estimates real exchange rate appreciation due to surge in foreign inflows and then estimates contraction in the tradable and expansion in the non-tradable sector. On the basis of empirical evidence the study confirms the Dutch Disease hypothesis in the countries studied.
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Article Details
- Year: 2011
- Volume: 32
- Issue: 4
- Pages: 51 - 74
- Accepted: 02.01.2012
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DOI:
https://doi.org/10.5281/zenodo.21157260 -
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How to Cite?
Shahid Hussain Javaid (2011). Dutch Disease Investigated: Empirical Evidence from Selected South-East Asian Economies. Journal of Economic Cooperation and Development, 32(4), 51-74. https://doi.org/10.5281/zenodo.21157260
