Periodical Article: Public Investment to Reverse Dutch Disease: The Case of Chad
| Title: | Public Investment to Reverse Dutch Disease: The Case of Chad |
| Author: | Levy, Stephanie |
| Year: | 2007 |
| Periodical: | Journal of African Economies |
| Volume: | 16 |
| Issue: | 3 |
| Pages: | 439-484 |
| Language: | English |
| Geographic term: | Chad |
| Subjects: | investment policy agricultural development irrigation roads economic development Economics and Trade Agriculture, Natural Resources and the Environment Development and Technology Politics and Government |
| External link: | https://jae.oxfordjournals.org/content/16/3/439.full.pdf |
| Abstract: | This paper studies the relevance of agricultural policies for avoiding Dutch disease, which affects many less developed countries experiencing a resource boom. Using a computable general equilibrium model calibrated for Chad, it examines the impact of using this country’s annual oil revenue for public investment, particularly in the development of road and irrigation infrastructure. The model takes into account the integration of markets and migration processes. The results show that improving water access would reduce Chad’s dependence on food aid and entail a substantial improvement in rural household welfare. Bibliogr., notes, ref., sum. [Journal abstract] |
References
- africabib.org
- doi.org
- Jstor.org
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