Booming Sector and De-Industrialisation in a Small Open Economy

Economic Theory and Exhaustible Resources

Dasgupta, P., & Heal, G. (1980) · Cambridge University Press eBooks · doi:10.1017/cbo9780511628375 · Cited by 1,485

The Structure of Simple General Equilibrium Models

Jones, R. W. (1965) · Journal of Political Economy · doi:10.1086/259084 · Cited by 1,305

The Theory of Unemployment Reconsidered

Lófgren, K., Malinvaud, E., & Lófgren, K. (1978) · Scandinavian Journal of Economics · doi:10.2307/3439588 · Cited by 896

INTERNAL AND EXTERNAL BALANCE: THE ROLE OP PRICE AND EXPENDITURE EFFECTS

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Short-Run Capital Specificity and the Pure Theory of International Trade

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SOME IMPLICATIONS OF THE GROWTH OF THE MINERAL SECTOR*

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The Theory of Unemployment Reconsidered.

Mirrlees, J. A., & Malinvaud, E. (1978) · The Economic Journal · doi:10.2307/2232028 · Cited by 240

FACTOR INTENSITIES, TECHNOLOGICAL PROGRESS, AND THE TERMS OF TRADE 1

Findlay, R. E., & Grubert, H. (1959) · Oxford Economic Papers · doi:10.1093/oxfordjournals.oep.a040813 · Cited by 166

The Economic Implications of North Sea Oil Revenues

Forsyth, P., & Kay, J. (1980) · Fiscal Studies · doi:10.1111/j.1475-5890.1980.tb00556.x · Cited by 148

Economic Expansion and International Trade 1

Johnson, H. G. (1955) · The Manchester School · doi:10.1111/j.1467-9957.1955.tb00960.x · Cited by 112

Welfare effects of tourism-driven Dutch disease: The roles of international borrowings and factor intensity

Chen, P.-H., Lai, C., & Chu, H. (2016) · International Review of Economics & Finance · doi:10.1016/j.iref.2016.02.004 · Cited by 18

The climate rent curse: new challenges for burden sharing

Kornek, U., Steckel, J. C., Lessmann, K., & Edenhofer, O. (2017) · International Environmental Agreements Politics Law and Economics · doi:10.1007/s10784-017-9352-2 · Cited by 18

Inversión inmobiliaria en tiempos de auge y crisis: ¿Es la ciudad un producto minero o un derivado financiero?

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Volatile and spatially varied: The geographically differentiated economic outcomes of resource-based development in Peru, 2001–2015

Orihuela, J. C., & Echenique, V. G. (2019) · The Extractive Industries and Society · doi:10.1016/j.exis.2019.05.019 · Cited by 18

Exchange Rate Misalignment

Iimi, A. (2006) · IMF Working Paper · doi:10.5089/9781451864007.001 · Cited by 18

Nigerian Oil and Exchange Rates: Indicators of ‘Dutch Disease’

Struthers, J. (1990) · Development and Change · doi:10.1111/j.1467-7660.1990.tb00379.x · Cited by 18

Short-period macroeconomic aspects of foreign aid

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Optimal saving policy for exhaustible resource economies

Farzin, Y. H. (1999) · Journal of Development Economics · doi:10.1016/s0304-3878(98)00107-2 · Cited by 18

Trying to ‘Tax and Spend’ Oneself out of the ‘Dutch Disease’: The Chilean Economy from the War of the Pacific to the Great Depression

Palma, G. (2000) · Palgrave Macmillan UK eBooks · doi:10.1057/9780230599659_8 · Cited by 18

Macroeconomic and Sectoral Effects of Terms-of-Trade Shocks

Fund, I. M. (1999) · IMF Working Paper · doi:10.5089/9781451855586.001 · Cited by 18

The Blessing of Natural Resources: Evidence from a Peruvian Gold MinePreprint

Arag, F. M., & Rud, J. P. (2009) · RePEc: Research Papers in Economics · Cited by 18

Natural-Resource or Market-Seeking FDI in Russia? An Empirical Study of Locational Factors Affecting the Regional Distribution of FDI EntriesPreprint

Romanovna, G. K., & Marek, P. (2013) · SSRN Electronic Journal · doi:10.2139/ssrn.2235042 · Cited by 18

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Karshenas, M. (1994) · RePEc: Research Papers in Economics · Cited by 18

Direct Distribution of Resource Revenues: Worth Considering?

Gupta, S., Segura-Ubiergo, A., & Flores, E. (2014) · Staff Discussion Notes · doi:10.5089/9781484367209.006 · Cited by 18

Impact of oil price and oil production on inflation in the CEMAC

Mien, É. (2022) · Resources Policy · doi:10.1016/j.resourpol.2022.103010 · Cited by 17

Do industrial robots reduce carbon intensity? The role of natural resource rents and corruption control

Wang, Q., Li, Y., & Li, R. (2023) · Environmental Science and Pollution Research · doi:10.1007/s11356-023-29760-7 · Cited by 17

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Zhang, Y., Qayyum, M., & Yu, Y. (2023) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2023.139134 · Cited by 17

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Davis, G. A., & Cordano, A. L. V. (2011) · Journal of Economic Surveys · doi:10.1111/j.1467-6419.2011.00695.x · Cited by 17

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Fuentes, M. D. G., & Pérez-Sebastián, F. (2015) · Journal of International Economics · doi:10.1016/j.jinteco.2015.06.002 · Cited by 17

Household opportunity costs of protecting and developing forest lands in Son La and Hoa Binh Provinces, Vietnam

Le, L., Wichelns, D., Milan, F., Hoanh, C. T., & Phương, N. D. (2016) · International Journal of the Commons · doi:10.18352/ijc.620 · Cited by 17

Ecuador 1980-1990: crisis, ajuste y cambio de régimen de desarrollo

Montalvo, J. O. (2017) · América Latina en la Historia Económica · doi:10.18232/alhe.v24i1.724 · Cited by 17

Ciudades en auge en Chile: Rol de la actividad exportadora en la dinámica del empleo urbano

Rehner, J., Rodríguez, S., & Murray, W. E. (2018) · EURE (Santiago) · doi:10.4067/s0250-71612018000100151 · Cited by 17

Collaborative Governance in Extractive Industries in Africa

Afful-Koomson, T. (., & Owusu, K. (. (2014) · United Nations University Institute for Natural Resources eBooks · doi:10.2307/j.ctvh9vtth · Cited by 17

Economic Diversification in Bahrain

Nakibullah, A. (2018) · Applied Economics and Finance · doi:10.11114/aef.v5i5.3576 · Cited by 17

Agglomeration: Economic and Environmental Impacts

Wu, J. (2019) · Annual Review of Resource Economics · doi:10.1146/annurev-resource-100518-094151 · Cited by 17

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Keller, M. (2022) · Resources Policy · doi:10.1016/j.resourpol.2022.102560 · Cited by 17

Inter-linkages between real exchange rate and capital flows in BRICS economies

Gautam, S., Chadha, V., & Malik, R. K. (2020) · Transnational Corporation Review · doi:10.1080/19186444.2020.1779525 · Cited by 17

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Rørheim, J.-E., & Boschma, R. A. (2021) · Environment and Planning A Economy and Space · doi:10.1177/0308518x211066102 · Cited by 17

A Future Resource Curse in Indonesia: The Political Economyof Natural Resources, Conflict and Development.

Tadjoeddin, M. Z. (2007) · Cited by 17

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Ngandu, S. (2009) · Development Southern Africa · doi:10.1080/03768350802640180 · Cited by 17

Oil in Chad and Equatorial Guinea: Widening the Focus of the Resource Curse

Jaén, A. C., & Campos-Serrano, A. (2013) · European Journal of Development Research · doi:10.1057/ejdr.2013.25 · Cited by 17

The political economy of Dutch Disease: a survey

Paldam, M. (2013) · Edward Elgar Publishing eBooks · doi:10.4337/9781781003978.00020 · Cited by 17

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Sinnott, E., Nash, J., & de la Torre, A. (2010) · World Bank, Washington, DC eBooks · doi:10.1596/978-9-5883-0791-6 · Cited by 17

Macro policy responses to natural resource windfalls and the crash in commodity prices

van der Ploeg, F. (2017) · Journal of International Money and Finance · doi:10.1016/j.jimonfin.2017.07.004 · Cited by 17

Analysis of the ‘Dutch Disease’ Effect on the Selected Resource‐Rich ASEAN Economies

Taguchi, H., & Khinsamone, S. (2018) · Asia & the Pacific Policy Studies · doi:10.1002/app5.233 · Cited by 17

Long-run development in Chile and natural resource curse

Badia‐Miró, M., & Ducoing, C. A. (2015) · Routledge eBooks · doi:10.4324/9781315769356-10 · Cited by 17

Boom-Bust Cycle, Asymmetrical Fiscal Response and the Dutch Disease

Ismail, K., Arezki, R., KIsmail@imf.org, & RArezki@imf.org (2010) · IMF Working Paper · doi:10.5089/9781451982718.001 · Cited by 17

Les hydrocarbures : atout ou frein pour le développement de l'Algérie ?

Aïnas, Y., Ouarem, N., & Souam, S. (2012) · Revue internationale des études du développement · doi:10.3917/rtm.210.0069 · Cited by 17

STRUCTURAL SHIFTS IN UK UNEMPLOYMENT 1979–2005: THE TWIN IMPACTS OF FINANCIAL DEREGULATION AND COMPUTERIZATION

Baddeley, M. C. (2008) · Bulletin of Economic Research · doi:10.1111/j.0307-3378.2008.00277.x · Cited by 17

Medium-run adjustment under import compression: Macroeconomic analysis relevant for sub-Saharan Africa

Rattsø, J. (1994) · Journal of Development Economics · doi:10.1016/0304-3878(94)90058-2 · Cited by 17

What drives Remittance Inflows to Sub-Saharan Africa. A Dynamic Panel Approach.Preprint

Kemegue, F. M., & Owusu-Sekyere, E. (2010) · RePEc: Research Papers in Economics · Cited by 17

Commodity markets and excess volatility: sources and strategies to reduce adverse development impact

Nissanke, M. K. (2011) · SOAS Research Online (SOAS University of London) · Cited by 17

Optimal Monetary Responses to Oil DiscoveriesPreprint

Wills, S. (2014) · SSRN Electronic Journal · doi:10.2139/ssrn.2434931 · Cited by 17

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Hattendorff, C. (2014) · RePEc: Research Papers in Economics · doi:10.17169/fudocs_document_000000021348 · Cited by 17

Empirical analysis of Chile's copper boom and the Dutch Disease through causality and cointegration tests

Marañon, M., & Kumral, M. (2020) · Resources Policy · doi:10.1016/j.resourpol.2020.101895 · Cited by 16

New oil discoveries in Guyana since 2015: Resource curse or resource blessing

McDonald, L., & Üngör, M. (2021) · Resources Policy · doi:10.1016/j.resourpol.2021.102363 · Cited by 16

Study of the Impact of the Rise and Fall of the Coal Industry on the Regional Economy

Wang, W., Wen, F., Yang, Y., & Jia, Y. (2022) · Journal of Global Information Management · doi:10.4018/jgim.302655 · Cited by 16

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Udemba, E. N., & Yalçıntaş, S. (2022) · Resources Policy · doi:10.1016/j.resourpol.2022.102949 · Cited by 16

Remittances and the Dutch Disease in Sub-Saharan Africa: A Dynamic Panel Approach

Owusu-Sekyere, E., Eyden, R. K. V., & Kemegue, F. M. (2014) · Contemporary Economics · doi:10.5709/ce.1897-9254.146 · Cited by 16

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Tuncay, N., & Özcan, C. C. (2020) · Tourism and hospitality management · doi:10.20867/thm.26.1.6 · Cited by 16

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Inchausti-Sintes, F. (2021) · Journal of Sustainable Tourism · doi:10.1080/09669582.2021.2002344 · Cited by 16

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Liao, H., Peng, Y., Wang, F.-Z., & Zhang, T. (2022) · Structural Change and Economic Dynamics · doi:10.1016/j.strueco.2022.08.007 · Cited by 16

Service Oligopolies and Australia's Economy-Wide Performance*

Tyers, R. (2015) · Australian Economic Review · doi:10.1111/1467-8462.12126 · Cited by 16

Money, real output, and deficit effects of coffee booms in Colombia

Raju, S. S., & Melo, A. (2003) · Journal of Policy Modeling · doi:10.1016/j.jpolmod.2003.09.001 · Cited by 16

Natural Resources, Local Governance and Social Instability: A Comparison of Two Counties in China

Zhan, J. V. (2013) · The China Quarterly · doi:10.1017/s0305741013000040 · Cited by 16

Going Dutch? The Impact of Falling Oil Prices on the Canadian Economy

Carbone, J. C., & McKenzie, K. J. (2016) · Canadian Public Policy · doi:10.3138/cpp.2015-045 · Cited by 16

Subsidy and natural resource curse: Evidence from plant level observations in Iran

Rahmati, M. H., & Karimirad, A. (2017) · Resources Policy · doi:10.1016/j.resourpol.2017.02.001 · Cited by 16

Exchange rate misalignments in energy-exporting countries: Do sovereign wealth funds matter?

Raymond, H., Coulibaly, D., & Omgba, L. D. (2017) · International Economics · doi:10.1016/j.inteco.2017.05.005 · Cited by 16

Pengaruh Kekayaan Sumberdaya Alam Batubara Terhadap Ketimpangan Pendapatan di Provinsi Kalimantan Timur

Zaini, A. (2018) · Jurnal Borneo Administrator · doi:10.24258/jba.v13i2.309 · Cited by 16

Remittances and the Dutch Disease: Evidence from Panel Data for 18 Developing Countries

Ito, K. (2019) · International Economic Journal · doi:10.1080/10168737.2019.1569709 · Cited by 16

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Anderson, K., Capannelli, G., Ginting, E., & Taniguchi, K. (2018) · Cited by 16

Optimal Capital Accumulation and the Allocation of Investment between Traded and Nontraded Sectors in Oil-Producing Countries

van Wijnbergen, S. J. G. (1985) · Scandinavian Journal of Economics · doi:10.2307/3439794 · Cited by 16

Macroeconomic Policy in an Oil-Exporting Economy with Foreign Exchange Controls

Pesaran, M. H. (1984) · Economica · doi:10.2307/2554544 · Cited by 16

When the Dutch disease met the French connection: oil, macroeconomics and forests in Gabon

Wunder, S. (2003) · Center for International Forestry Research (CIFOR) eBooks · doi:10.17528/cifor/001406 · Cited by 16

The ‘Dutch disease’ in an oil‐exporting country: Kuwait

Al‐Sabah, M. (1988) · OPEC Review · doi:10.1111/j.1468-0076.1988.tb00312.x · Cited by 16

Market and State

Hayami, Y. (2001) · Oxford University Press eBooks · doi:10.1093/0199243972.003.0009 · Cited by 16

Chapter 21 Empirical studies of macroeconomic interdependence

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A Golden Rule for Russia? How a Rule-Based Fiscal Policy Can Allow a Smooth Adjustment to the New Terms of Trade

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Development Based on Commodity RevenuesPreprint

Guriev, S. M., Plekhanov, A., & Сонин, К. И. (2009) · SSRN Electronic Journal · doi:10.2139/ssrn.1520630 · Cited by 16

The Resource Curse and Fiscal Policy VolatilityPreprint

Bleaney, M., & Halland, H. (2009) · RePEc: Research Papers in Economics · Cited by 16

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Cologni, A., & Manera, M. (2011) · SSRN Electronic Journal · doi:10.2139/ssrn.1891773 · Cited by 16

De-industrialization Process In Azerbaijan: Dutch Disease Syndrome RevisitedPreprint

Niftiyev, İ. (2019) · RePEc: Research Papers in Economics · doi:10.13140/rg.2.2.10560.97288 · Cited by 16

Dutch Disease in the Services Sector

Diop, N., & de Mélo, J. (2016) · Cambridge University Press eBooks · doi:10.1017/cbo9781316493854.005 · Cited by 15

African green hydrogen uptake from the lens of African development and European energy security: A blessing or curse?

Sadik‐Zada, E. R., Gatto, A., & Schäfer, N. (2025) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2025.123974 · Cited by 18

Iranian Disease: Why a Developing Country's Government Did Not Listen to Economists' Advices

Atashbar, T. (2013) · American Journal of Economics and Sociology · doi:10.1111/ajes.12017 · Cited by 15

Institutional structure of the russian national innovative system: path dependence – effect

Kamko, E. V., & Kirdina, S. (2018) · Актуальные проблемы экономики и права · doi:10.21202/1993-047x.12.2018.1.149-160 · Cited by 15

Tourism specialization, growth stage, and economic growth

Sahni, H., Nsiah, C., & Fayissa, B. (2022) · Tourism Economics · doi:10.1177/13548166221111311 · Cited by 15

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Humbatova, S., Panahova, G., Mahmudova, I. M., & Hajiyev, N. G. (2023) · International Journal of Energy Economics and Policy · doi:10.32479/ijeep.13991 · Cited by 15

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Mesagan, E. P., Charles, A. O., & Vo, X. V. (2023) · Resources Policy · doi:10.1016/j.resourpol.2023.103517 · Cited by 15

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Lo, S. B., & Cissokho, L. (2023) · African Development Review · doi:10.1111/1467-8268.12697 · Cited by 15

Climate finance and innovation with natural resource dependence thresholds

Mohan, P., & Morris, D. M. (2025) · Journal of Environmental Management · doi:10.1016/j.jenvman.2025.124683 · Cited by 15

Corruption as a Local Advantage: Evidence from the Indigenization of Nigerian Oil

Rexer, J. M. (2021) · American Economic Review · doi:10.1257/aer.20220528 · Cited by 15

China and Latin America's Emerging Economies: New Realities amid Old Challenges

Wise, C. (2016) · Latin American Policy · doi:10.1111/lamp.12087 · Cited by 15

Capital flows and growth dynamics in Central and Eastern Europe

Stæhr, K. (2017) · Post-Communist Economies · doi:10.1080/14631377.2017.1362195 · Cited by 15

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Moshiri, S., & Moghaddam, M. B. (2018) · Energy Economics · doi:10.1016/j.eneco.2018.08.012 · Cited by 15

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Alenoghena, R. O. (2020) · Facta Universitatis Series Economics and Organization · doi:10.22190/fueo200801022a · Cited by 15

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Pasaribu, D., & Lahiri‐Dutt, K. (2021) · Energy Research & Social Science · doi:10.1016/j.erss.2022.102612 · Cited by 15

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Totouom, A. (2023) · Natural Resources Forum · doi:10.1111/1477-8947.12272 · Cited by 15

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Özcan, B., Temiz, M., & Tarla, E. G. (2023) · Resources Policy · doi:10.1016/j.resourpol.2023.103416 · Cited by 15

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Acosta, A. (2010) · Nueva sociedad · Cited by 15

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Freebairn, J. (2014) · Australian Journal of Agricultural and Resource Economics · doi:10.1111/1467-8489.12046 · Cited by 15

Economic aspects of the Palestinian—Israeli conflict: the collapse of the Oslo Accord

Naqib, F. M. (2003) · Journal of International Development · doi:10.1002/jid.999 · Cited by 15

The Economic Development Experience of Kuwait: Some Useful Lessons

Eltony, M. N. (2007) · Journal of economic and administrative sciences. · doi:10.1108/10264116200700003 · Cited by 15

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Bresser‐Pereira, L. C. (2017) · Economía UNAM · doi:10.1016/j.eunam.2017.01.002 · Cited by 15

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Kyophilavong, P., Wong, M. C. S., Souksavath, S., & Xiong, B. (2017) · Journal of Chinese Economic and Business Studies · doi:10.1080/14765284.2017.1346923 · Cited by 15

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Lucas, R. E. B. (2015) · Handbook of the economics of international migration · doi:10.1016/b978-0-444-53768-3.00026-6 · Cited by 15

The Impact of Remittance on Trade Balance: The Case of Malaysia

Hiền, N. P. (2017) · Journal of Economics and Public Finance · doi:10.22158/jepf.v3n4p531 · Cited by 15

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Adejumo, A. O., & Ikhide, S. (2018) · The Journal of Developing Areas · doi:10.1353/jda.2019.0000 · Cited by 15

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Atakhanova, Z. (2021) · Mineral Economics · doi:10.1007/s13563-021-00275-2 · Cited by 15

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Burkett, P., & Richards, D. G. (1993) · Applied Economics · doi:10.1080/00036849300000085 · Cited by 15

Booming Sector and De-industrialization in a Small Open Economy.

Corden, W., & Neary, J. (1985) · Oxford University Research Archive (ORA) (University of Oxford) · Cited by 67

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Alho, K. E. O. (1993) · RePEc: Research Papers in Economics

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Batavia, B., Nandakumar, P., & Wagué, C. (2007)

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Bulcke, D. V. D., & Verbeke, A. C. (2001) · Cited by 2

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Khashchuluun, C. (2003)