Please use this identifier to cite or link to this item: https://une.intersearch.com.au/unejspui/handle/1959.11/40
Title: A Model of Aid Impact in Some South Pacific Microstates
Contributor(s): Laplagne, P (author); Treadgold, M (author); Baldry, JC (author)
Publication Date: 2001
Open Access: Yes
DOI: 10.1016/S0305-750X(00)00097-8
Handle Link: https://hdl.handle.net/1959.11/40
Abstract: This paper investigates the impact of foreign aid on the economic structure of therecipient economy using a two-sector general equilibrium model. Underlying assumptions aredesigned to mirror a number of stylized facts about a group of South Pacific microstates known asMIRAB countries. Two variants of the model are constructed to reflect these countries’ unequalaccess to overseas labor markets. Qualitative results reveal the likelihood of a structuraltransformation of the economy akin to that known as Dutch Disease, namely the relativecontraction of the tradables sector. Quantitative results confirm the plausibility of this outcome.
Publication Type: Journal Article
Source of Publication: World Development, 29(2), p. 365-383
Publisher: Pergamon
Place of Publication: Great Britain
ISSN: 0305-750X
Field of Research (FOR): 140202 Economic Development and Growth
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
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Appears in Collections:Journal Article

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