Do oil windfalls improve living standards? Evidence from Brazil

Francesco Caselli and Guy Michaels

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls on government behavior. Oil-rich municipalities experience increases in revenues and report corresponding increases in spending on public goods and services. However, survey data and administrative records indicate that social transfers, public good provision,infrastructure, and household income increase less (if at all) than one might expect given the higher reported spending.

JEL-codes: H41 H75 I31 O13 O15 O17 O18 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (323)

Published in American Economic Journal: Applied Economics, 2013, 5(1), pp. 208-238. ISSN: 1945-7782

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http://eprints.lse.ac.uk/48086/ Open access version. (application/pdf)

Related works:
Journal Article: Do Oil Windfalls Improve Living Standards? Evidence from Brazil (2013)
Working Paper: Do Oil Windfalls Improve Living Standards? Evidence from Brazil (2009)
Working Paper: Do Oil Windfalls Improve Living Standards? Evidence from Brazil (2009)
Working Paper: Do oil windfalls improve living standards?: evidence from Brazil (2009)
Working Paper: Do Oil Windfalls Improve Living Standards? Evidence from Brazil (2009)
Working Paper: Do Oil Windfalls Improve Living Standards? Evidence from Brazil (2009)
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