Aivazian, Sergey Arutyunovich; Bereznyatskiy, Alexander; … - In: Applied Econometrics 36 (2014) 4, pp. 32-60
Hypothesis of Dutch disease in Russian and Armenian economies is tested in the paper. Theoretical macroeconomic modeling and econometric verification with co-integration and ECM expose some relationships which suggest the presence of Dutch disease in both economies, caused in case of Russian...