Affiliation:
1. Department of Economics, London School of Economics, Houghton Street, London, WC2A 2AE, United Kingdom and Centre for Economic Performance.
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 H41, H75, I31, O13, O15, O17, O18)
Publisher
American Economic Association
Subject
General Economics, Econometrics and Finance
Cited by
295 articles.
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