Poverty impacts of natural resource revenues

Peter Warr, Jayant Menon () and Arief Yusuf

Journal of Asian Economics, 2012, vol. 23, issue 4, 442-453

Abstract: This study analyzes the effects on poverty incidence and other variables resulting from government expenditures associated with natural resource revenues, using Laos as a case study. The analysis uses a multi-sector/multi-household general equilibrium model of the Lao economy. The conceptual framework emphasizes the distinction between official and marginal expenditures financed by project revenues. A range of assumptions is considered regarding the direct distributional impact of the true marginal expenditures and their implications are compared. Poverty incidence declines under the entire range of distributional assumptions, but the most important determinant of these impacts is the degree of pro-rural bias.

Keywords: Asia; Lao PDR; Poverty incidence; General equilibrium; Natural resource revenues (search for similar items in EconPapers)
JEL-codes: D58 I32 Q25 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:asieco:v:23:y:2012:i:4:p:442-453

DOI: 10.1016/j.asieco.2012.03.003

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