Journal article icon

Journal article

The implications of natural resource exports for non-resource trade

Abstract:

Foreign exchange windfalls such as those from natural resource revenues change non-resource exports, imports, and the capital account. We study the balance between these responses and show that the response to 1 dollar of resource revenue is, for our preferred estimates, to decrease non-resource exports by 74 cents and increase imports by 23 cents, implying a negligible effect on foreign saving. The negative per 1 dollar impact on exports is larger for manufactures than for other sectors, and...

Expand abstract
Publication status:
Published
Peer review status:
Peer reviewed

Actions


Access Document


Files:
Publisher copy:
10.1057/imfer.2015.43

Authors


More by this author
Institution:
University of Oxford
Division:
SSD
Department:
Economics
Sub department:
OxCarre
Role:
Author
More from this funder
Grant:
Centre for the Analysis of Resource Rich Economies (Oxcarre
Publisher:
Palgrave Macmillan Publisher's website
Journal:
IMF Economic Review Journal website
Volume:
64
Issue:
2
Pages:
268–302
Publication date:
2016-01-01
DOI:
EISSN:
2041-417X
ISSN:
2041-4161
Source identifiers:
581677
Keywords:
Pubs id:
pubs:581677
UUID:
uuid:9d8c073f-45ca-427d-b35e-851be86e1470
Local pid:
pubs:581677
Deposit date:
2016-01-12

Terms of use


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP