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Public investment to reverse Dutch disease: The case of Chad created by Stephanie Levy

By: Material type: TextTextSeries: Journal of African Economies ; Volume 16, number 3Oxford: Oxford University Press, 2007Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 09638024
Subject(s): LOC classification:
  • HC800 JOU
Online resources: 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, we study the impact of using this country's annual oil revenue for public investment, particularly in the development of road and irrigation infrastructure. Our model takes into account the integration of markets and migration processes. We find that improving water access would reduce Chad's dependence on food aid and entail a substantial improvement in rural household welfare.
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Holdings
Item type Current library Call number Vol info Copy number Status Notes Date due Barcode
Journal Article Journal Article Main Library - Special Collections HC800 JOU (Browse shelf(Opens below)) Vol. 16, no. 3 (pages 439-484) SP1223 Not for loan For In house Use

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, we study the impact of using this country's annual oil revenue for public investment, particularly in the development of road and irrigation infrastructure. Our model takes into account the integration of markets and migration processes. We find that improving water access would reduce Chad's dependence on food aid and entail a substantial improvement in rural household welfare.

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