Dutch Disease, factor mobility, and the Alberta Effect: The case of federations

Do reduced costs of factor mobility mitigate Dutch Disease effects to the extent that they are reversed? The case of federations provides an indication they do. We observe resource blessing (curse) effects at the provincial (federal) level, and argue the difference in outcomes stems from the differe...

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Main Author: Raveh, Ohad
Format: Journal Article
Published: Blackwell Publishing 2013
Online Access:http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1540-5982
http://hdl.handle.net/20.500.11937/61803
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author Raveh, Ohad
author_facet Raveh, Ohad
author_sort Raveh, Ohad
building Curtin Institutional Repository
collection Online Access
description Do reduced costs of factor mobility mitigate Dutch Disease effects to the extent that they are reversed? The case of federations provides an indication they do. We observe resource blessing (curse) effects at the provincial (federal) level, and argue the difference in outcomes stems from the difference in factor mobility costs. We construct a simple tax competition model which shows that if factor mobility costs are sufficiently low, a resource-boom triggers an Alberta Effect that mitigates, and possibly reverses, Dutch Disease symptoms. The paper concludes with empirical evidence for the main implications of the model. © Canadian Economics Association.
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spelling curtin-20.500.11937-618032018-02-01T05:55:52Z Dutch Disease, factor mobility, and the Alberta Effect: The case of federations Raveh, Ohad Do reduced costs of factor mobility mitigate Dutch Disease effects to the extent that they are reversed? The case of federations provides an indication they do. We observe resource blessing (curse) effects at the provincial (federal) level, and argue the difference in outcomes stems from the difference in factor mobility costs. We construct a simple tax competition model which shows that if factor mobility costs are sufficiently low, a resource-boom triggers an Alberta Effect that mitigates, and possibly reverses, Dutch Disease symptoms. The paper concludes with empirical evidence for the main implications of the model. © Canadian Economics Association. 2013 Journal Article http://hdl.handle.net/20.500.11937/61803 10.1111/caje.12050 http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1540-5982 Blackwell Publishing restricted
spellingShingle Raveh, Ohad
Dutch Disease, factor mobility, and the Alberta Effect: The case of federations
title Dutch Disease, factor mobility, and the Alberta Effect: The case of federations
title_full Dutch Disease, factor mobility, and the Alberta Effect: The case of federations
title_fullStr Dutch Disease, factor mobility, and the Alberta Effect: The case of federations
title_full_unstemmed Dutch Disease, factor mobility, and the Alberta Effect: The case of federations
title_short Dutch Disease, factor mobility, and the Alberta Effect: The case of federations
title_sort dutch disease, factor mobility, and the alberta effect: the case of federations
url http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1540-5982
http://hdl.handle.net/20.500.11937/61803