Good mine, bad mine: Natural resource heterogeneity and Dutch disease in Indonesia

• 成果类型: Article
• 署名作者: Pelzl, Paul; Poelhekke, Steven
• 署名单位: Norwegian School of Economics (NHH); University of Auckland; Leibniz Association; Ifo Institut; Vrije Universiteit Amsterdam; Tinbergen Institute
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2021.103457
• 发表日期: 2021
• 关键词: Dutch disease; Traded sector; natural resources; MINING; Labor intensity; Indonesia

摘要

We analyze the local effect of exogenous shocks to the value of mineral deposits on a panel of manufacturing plants in Indonesia. We introduce heterogeneity in natural resource extraction methods, which helps to explain the mixed evidence found in the 'Dutch disease' literature. In districts where mineral extraction is relatively capital intensive, mining booms cause virtually no upward pressure on manufacturing wages, and both producers of more heavily traded and relatively less-traded manufacturing goods benefit from mining booms in terms of employment. In contrast, labor-intensive mining booms drive up local wages such that heavily traded goods producers respond by reducing employment. (C) 2021 Elsevier B.V. All rights reserved.