1.

Record Nr.

UNINA9910957406303321

Autore

Thornton John

Titolo

Natural Resource Endowments, Governance, and the Domestic Revenue Effort : : Evidence from a Panel of Countries / / John Thornton, Fabian Bornhorst, Sanjeev Gupta

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2008

ISBN

9786612841217

9781462317455

1462317456

9781452728902

1452728909

9781282841215

1282841211

9781451870282

1451870280

Edizione

[1st ed.]

Descrizione fisica

1 online resource (12 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/170

Altri autori (Persone)

BornhorstFabian

GuptaSanjeev

Disciplina

547.01

Soggetti

Hydrocarbons - Economic aspects - Econometric models

Taxation - Econometric models

Administrative Processes in Public Organizations

Agribusiness

Agricultural and Natural Resource Economics

Agricultural economics

Agricultural industries

Agricultural sector

Agriculture: General

Bureaucracy

Corporate crime

Corruption

Criminology

Environmental and Ecological Economics: General

Environmental management

Natural Resources

Natural resources

White-collar crime

Kuwait



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.