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Ingresos Fiscales Petroleros y Provisión de Bienes Públicos Óptima

Alejandro Castañeda and Alejandro Villagomez

No 2008-03, EGAP Working Papers from Tecnológico de Monterrey, Campus Ciudad de México

Abstract: This paper deals with the fiscal implications of a stabilization fund that allows for a stable consumption over time, in particular in the case of an oil producing and exporting country like México. We discuss the functioning of an oil stabilization fund based on international experience and the Mexican experience. We present a model of optimal fiscal policy in the context of a country with important revenues generated by an exhaustible resource such as oil.

Keywords: oil revenue; Mexico; public goods (search for similar items in EconPapers)
JEL-codes: H21 (search for similar items in EconPapers)
Date: 2008-03
New Economics Papers: this item is included in nep-ene
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