Sectoral Shocks in a Dependent Economy: Long-Run Adjustment and Short-Run Accommodation

1 January 1982

journal article
Published by JSTOR in The Scandinavian Journal of Economics

Vol. 84 (2) , 229
https://doi.org/10.2307/3439637

Abstract

This paper examines the allocation and stabilization consequences of a resource boom in a small open economy. Both the intersectoral allocation of capital and t...

Keywords

SECTORAL SHOCKS
DEPENDENT ECONOMY
STABILIZATION
BOOM
CAPITAL
PAPER EXAMINES
INTERSECTORAL

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