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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11686 |
DP11686 Can Black Gold Shine? The Effect of Oil Prices on Nighttime Light in Brazil | |
Mark Gradstein; Marc Klemp | |
发表日期 | 2016-12-05 |
出版年 | 2016 |
语种 | 英语 |
摘要 | We explore the existence of a local “resource curse” related to Brazil’s oil re-serves. To this end, we examine the effect of changes in international oil prices interacted with measures of oil access on nighttime light – a measure of econom-ic activity – across the country’s localities. We detect no evidence of a resource curse: in fact, better access to oil enhances the positive effect of oil prices on economic activity. Our estimates indicate that a doubling of oil prices causes an average increase in luminosity of some 50 percent more in oil rich than in oil poor states; and 30 percent more, on average, in localities within 100 km dis-tance to the nearest oil field relative to more remote localities. |
主题 | Development Economics ; Macroeconomics and Growth |
URL | https://cepr.org/publications/dp11686 |
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/540500 |
推荐引用方式 GB/T 7714 | Mark Gradstein,Marc Klemp. DP11686 Can Black Gold Shine? The Effect of Oil Prices on Nighttime Light in Brazil. 2016. |
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