Using forest concentration data from Alabama, Arkansas, Georgia, Kentucky, Louisiana, North Carolina, South Carolina, and Virginia, this paper test whether or not the low-level of economic growth is related to forest resource intensity and Dutch Disease. Specifically, cross sectional data from 815 counties are used to evaluate how changes personal income growth is affected by concentration of forestry resources, government and business investment, educational investment and consumption. We find evidence that the county economies in the South may suffer from Dutch Disease.
本文利用阿拉巴马州、阿肯色州、佐治亚州、肯塔基州、路易斯安那州、北卡罗来纳州、南卡罗来纳州和弗吉尼亚州的森林密集度数据,检验了低水平的经济增长是否与森林资源密集度和荷兰病有关。其中,815个县的横截面数据被用来评估个人收入增长的变化如何受到森林资源集中、政府和企业投资、教育投资和消费的影响。我们发现证据表明,南部的县域经济可能遭受荷兰病的折磨。