This paper is concerned with an economic phenomenon known as "Dutch Disease": an economy's manufacturing sector declines as a result of a resource boom. We look into related supply-side aspects which appear to be significant if seen from the viewpoint of microeconomic general equilibrium theory....

Aus der Zinsstruktur-Kurve des Ausgangszeitpunktes werden zunächst durch schlichte Fortrechnung zukünftige Abzinsfaktoren, Zerobonds, Zinssätze und Kurswerte arbitragefrei berechnet. Danach wird gezeigt, daß und wie die Resultate dieser Berechnungen mit Geld- und Kapitalmarktgeschäften...

We are concerned with sectoral effects of an increase in the endowment of an input factor which is specific to a single industry. Such effects have come to be known in the literature as 'Dutch Disease'. We look into related supply-side aspects which appear to be significant if seen from the...

We discuss general equilibrium effects of endowment changes in a small open and competitive economy with scale diseconomies. We argue that adverse Rybczynski effects may be observed when inputs are both superior and gross substitutes in the aggregate. The analysis is based on cost functions and...