Resource-based cities and the Dutch disease

Hajime Takatsuka, Dao Zhi Zeng, Laixun Zhao

研究成果: Article査読

25 被引用数 (Scopus)

抄録

This paper examines the relationship between resource development and industrialization. When transport costs are high, the region with a more valuable natural resource enjoys a higher welfare than the other region. However, as transport costs decrease, firms begin to move out of the region, causing the Dutch disease to occur, initially in terms of industry share, and eventually in terms of welfare too when transport is sufficiently free. A resource boom in intermediate inputs may strengthen the tendency for manufacturing agglomeration in the same region, but a resource boom in consumption inputs will weaken this tendency. The model thus provides insight for cities to utilize their limited resources efficiently.

本文言語English
ページ(範囲)57-84
ページ数28
ジャーナルResource and Energy Economics
40
DOI
出版ステータスPublished - 2015 5月 1

ASJC Scopus subject areas

  • 経済学、計量経済学

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