Learning by doing and the Dutch disease
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If the nonresource tradable sector has increasing returns, either static or from dynamic learning-by-doing, then resource-driven structural change may reduce the level and growth of real income.
“In particular, if the nonresource tradable sector has increasing returns (either static, or as a result of dynamic learning-by-doing), then the effect may be to reduce the level and growth of real income (Torvik 2001;Krugman 1987;Sachs and Warner 1995).”
From Using Natural Resources for Development: Why Has It Proven So Difficult? (2016) · cites this paper as Torvik 2001
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- Authors
- Torvik, R.
- Affiliations
- Norwegian University of Science and Technology (NO)
- Corresponding author
- Torvik, Ragnar
- Venue
- European Economic Review
- Publisher
- Elsevier BV
- Published
- 2001-02
- Volume
- 45
- Issue
- 2
- Pages
- 285-306
- ISSN
- 0014-2921 (ISSN-L)
- OpenAlex
- W1975797050
- Cited by
- 529
- References
- 30
- Citations by year
- 2026: 18 · 2025: 18 · 2024: 24 · 2023: 42 · 2022: 12 · 2021: 23 · 2020: 11 · 2019: 32 · 2018: 18 · 2017: 24 · 2016: 26 · 2015: 24 · 2014: 24 · 2013: 27 · 2012: 40
- FWCI
- 12.01
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- European Economic Review (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- Norges Teknisk-Naturvitenskapelige Universitet
- Topics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Global trade and economics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Economic Theory and Policy
- Keywords
- hands-on learning, Dutch disease, non-traded sector, learning spillovers, real exchange rate depreciation, relative productivity, sectoral productivity
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