02906nam 2200637 450 991046362030332120170815101946.01-4623-1745-61-4527-2890-91-282-84121-197866128412171-4518-7028-0(CKB)3170000000055074(EBL)1607947(SSID)ssj0000944175(PQKBManifestationID)11485782(PQKBTitleCode)TC0000944175(PQKBWorkID)10983262(PQKB)11379186(OCoLC)874177627(MiAaPQ)EBC1607947(EXLCZ)99317000000005507420140226h20082008 uy 0engur|n|---|||||txtccrNatural resource endowments, governance, and the domestic revenue effort evidence from a panel of countries /Fabian Bornhorst, Sanjeev Gupta, and John Thornton[Washington, District of Columbia] :International Monetary Fund,2008.©20081 online resource (12 p.)IMF Working PapersIMF working paper ;WP/08/170Description based upon print version of record.1-4519-1481-4 Includes bibliographical references.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; ReferencesThe 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.IMF Working PapersHydrocarbonsEconomic aspectsEconometric modelsTaxationEconometric modelsElectronic books.HydrocarbonsEconomic aspectsEconometric models.TaxationEconometric models.547.01Bornhorst Fabian869961Thornton John117230Gupta Sanjeev257292MiAaPQMiAaPQMiAaPQBOOK9910463620303321Natural resource endowments, governance, and the domestic revenue effort1942261UNINA