G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7586
DP7586 Dynamic Ethnic Fractionalization and Economic Growth in the Transition Economies from 1989 to 2007
Nauro Campos; Ahmad Saleh; Vitaliy Kuzeyev
发表日期2009-12-06
出版年2009
语种英语
摘要We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP composition. However, oil abundance causes municipal revenues and reported spending on a range of budgetary items to increase, mainly as a result of royalties paid by Petrobras. Nevertheless, survey-based measures of social transfers, public good provision, infrastructure, and household income increase less (if at all) than one might expect given the increase in reported spending. To explain why oil windfalls contribute little to local living standards, we use data from the Brazilian media and federal police to document that very large oil output increases alleged instances of illegal activities associated with mayors.
主题Development Economics ; International Macroeconomics ; Public Economics
关键词Brazil Oil Dutch disease Corruption Fiscal windfalls Natural resources
URLhttps://cepr.org/publications/dp7586
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536423
推荐引用方式
GB/T 7714
Nauro Campos,Ahmad Saleh,Vitaliy Kuzeyev. DP7586 Dynamic Ethnic Fractionalization and Economic Growth in the Transition Economies from 1989 to 2007. 2009.
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