1.

Record Nr.

UNINA9910463620303321

Autore

Bornhorst Fabian

Titolo

Natural resource endowments, governance, and the domestic revenue effort : evidence from a panel of countries / / Fabian Bornhorst, Sanjeev Gupta, and John Thornton

Pubbl/distr/stampa

[Washington, District of Columbia] : , : International Monetary Fund, , 2008

©2008

ISBN

1-4623-1745-6

1-4527-2890-9

1-282-84121-1

9786612841217

1-4518-7028-0

Descrizione fisica

1 online resource (12 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/170

Altri autori (Persone)

ThorntonJohn

GuptaSanjeev

Disciplina

547.01

Soggetti

Hydrocarbons - Economic aspects - Econometric models

Taxation - Econometric models

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Data and Methodology; Tables; 1. Government Revenue from Hydrocarbons, 1992-2005; Figure 1. Government Revenue from Hydrocarbons and Domestic Taxes; III. Empirical Results; 2. Summary Statistics for Selected Variables; 3. Panel OLS Results with Fixed Effects; IV. Conclusions; References

Sommario/riassunto

The recent development literature stresses that countries that receive large revenues from natural resource endowments typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax effort reduces the incentive for the public scrutiny of government. Our results from a panel of 30 hydrocarbon producing countries indicate that the offset between hydrocarbon revenues and revenues from other domestic sources is



about 20 percent but that it is invariant to governance indicators.