Bornhorst, Fabian; Gupta, Sanjeev; Thornton, John - In: European Journal of Political Economy 25 (2009) 4, pp. 439-446
We examine whether there is evidence of an offset between government revenues from hydrocarbon (oil and gas) related activities and revenues from other domestic sources in a panel of 30 hydrocarbon producing countries. Our main finding is that there is an offset of about 20%, which is robust to...
