Economic Impacts of Pre-Salt on a Regional Economy: The Case of Espírito Santo, Brazil

Eduardo Haddad and Ana Carolina Giuberti

No 10-2011, TD NEREUS from Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS)

Abstract: The Brazilian government has recently confirmed the discovery of a huge oil and natural gas field in the pre-salt layer of the country’s southeastern coast. It has been said that the oil fields can boost Brazil's oil production, and turn the country into one of the largest oil producers in the world. The fields are spatially concentrated in the coast area of a few Brazilian states that may be directly benefited by oil production. This paper uses an interregional CGE model to assess the impacts of pre-salt on the economy of the State of Espírito Santo, a region already characterized by an economic base heavily reliant on natural resources. We focus our analysis on the structural economic impacts, considering two alternative closures.

Keywords: Impact assessment; Regional economics; Brazil; CGE model (search for similar items in EconPapers)
JEL-codes: R10 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.usp.br/nereus/wp-content/uploads/TDNereus_10_11.pdf Full text (application/pdf)
ris

Related works:
Working Paper: Economic Impacts of Pre-Salt on a Regional Economy: The Case of Espirito Santo, Brazil (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:nereus:2011_010

Access Statistics for this paper

More papers in TD NEREUS from Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS) Contact information at EDIRC.
Bibliographic data for series maintained by Eduardo Amaral Haddad ().