POST-COMMUNIST ECONOMIES, vol.33, no.4, pp.402-434, 2021 (SSCI)
This enquiry addresses production and employment effects, which emanate from the extractive industries of Kazakhstan. To this end, the study employs static input-output models (IOMs) of Kazakhstan for the years 2007, 2010, 2012 and 2017 and dynamic nonlinear autoregressive distributed lag (NARDL) models for the period 1995-2018. IOMs show that extractives in Kazakhstan exhibit relatively strong links to domestic manufacturing. NARDL estimators reveal a positive relationship between commodity revenues and manufacturing value added in the commodity revenue boom phase and a high level of resilience of Kazakh manufacturing to the downward movements of the commodity revenues. Commodity revenues have a statistically significant positive impact on the aggregate employment rate. The study does not detect asymmetries concerning the job creation effects of the manufacturing sector.