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The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a social cost that increases with the expropriated value. In...
Persistent link: https://www.econbiz.de/10005463877
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation,which generates a social cost that increases with the expropriated value. In...
Persistent link: https://www.econbiz.de/10005738354
We investigate whether mining affects local-level corruption in Africa. Several cross-country analyses report that … 500 industrial mines. Using a difference-in-differences strategy, we find evidence that mining increases bribe payments …. Mines are initially located in less corrupt areas, but mining areas turn more corrupt after mines open and actively produce …
Persistent link: https://www.econbiz.de/10010530535
this exogenous variation, we show that during 2002-07, mining activities in response to the global commodity price …
Persistent link: https://www.econbiz.de/10011571830
explore how the mining industry has been managed, and wider economic management during boom periods. We find that successive … ringfence and prudently use the mineral revenues from copper mining in building productive capacities remains elusive. Instead …
Persistent link: https://www.econbiz.de/10011947060
We investigate whether mining affects local-level corruption in Africa. Several cross-country analyses report that … 500 industrial mines. Using a difference-in-differences strategy, we find evidence that mining increases bribe payments …. Mines are initially located in less corrupt areas, but mining areas turn more corrupt after mines open and actively produce …
Persistent link: https://www.econbiz.de/10011335596
this exogenous variation, we show that during 2002-07, mining activities in response to the global commodity price …
Persistent link: https://www.econbiz.de/10011653953
explore how the mining industry has been managed, and wider economic management during boom periods. We find that successive … ringfence and prudently use the mineral revenues from copper mining in building productive capacities remains elusive. Instead …
Persistent link: https://www.econbiz.de/10012146463
effort and political moral hazard, and the general thrust of the results described above is preserved. -- Taxation ; mining … ; rent extraction ; royalty ; non-renewable natural resource ; presentvalue-of-revenue auction …
Persistent link: https://www.econbiz.de/10003811028
explore the case of Peru, a mining-rich middle income country where -exploiting a unique data set constructed for this purpose …- we are able to assess systematic differences in district-level welfare outcomes between mining and non-mining districts …. We find evidence that the condition of being mining-abundant district have a significant impact on the pace of reduction …
Persistent link: https://www.econbiz.de/10011286241