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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi - 2012
Venezuela), plus Indonesia which is a former member, and Mexico and Norway, which are members of the OECD. Overall, the test … income is established for six of the nine economies considered. The exceptions, Mexico and Norway, do not possess sufficient … reserves of Mexico and Norway are expected to last 9 and 10 years respectively, as compared to reserve-production ratios of …
Persistent link: https://www.econbiz.de/10013107701
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Oil Exports and the Iranian Economy
Esfahani, Hadi Salehi - 2009
This paper develops a long run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focus on short...
Persistent link: https://www.econbiz.de/10013154980
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Who Benefits from Local Oil and Gas Employment? Labor Market Composition in the Oil and Gas Industry in Texas
Cai, Zhengyu - 2019
This paper examines local labor market outcomes from an oil and gas boom in Texas. We examine two main outcomes across gender, race, and ethnicity: the probability of employment in the oil and gas industry and the log wages of workers employed outside the oil and gas industry. We find that men...
Persistent link: https://www.econbiz.de/10012868833
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What Remains after the Oil Boom is Over?
Jelnov, Pavel - 2019
This paper links between Beckerian literature that shows that marriage is a normal good with respect to male income and the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a positive shock on some males. The analyzed outcome is...
Persistent link: https://www.econbiz.de/10012870157
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The Impact of Oil Revenues on the Iranian Economy and the Gulf States
Dreger, Christian - 2014
In line with the neoclassical growth model a persistent stream of oil revenues might have a long lasting impact on GDP per capita in oil exporting countries through higher investment activities. This relationship is explored for Iran and the countries of the Gulf Cooperation Council (GCC) using...
Persistent link: https://www.econbiz.de/10013055567
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Can the UAE Avoid the Oil Curse by Economic Diversification?
Haouas, Ilham - 2014
Recent research conclude that the GCC economies have failed to address the oil curse. They are far behind other countries, especially those in the G7, which possess huge reserves of oil wealth but have undertaken economic diversification to correct the ill-effects of an oil curse. This paper...
Persistent link: https://www.econbiz.de/10013057462
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Fair and Efficient Taxation Under Partial Control : Theory and Evidence
Ooghe, Erwin - 2010
There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their misfortune, while they allow them to enjoy the fruits of their effort. Such fairness considerations have been introduced in political economy and optimal income tax models with a...
Persistent link: https://www.econbiz.de/10013134816
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Why Children of College Graduates Outperform Their Schoolmates : A Study of Cousins and Adoptees
Haegeland, Torbjörn - 2010
Massive cross-sectional evidence exists indicating that children of more educated parents outperform their schoolmates. However, evidence for causal interpretation of this association is weak. We examine a causal relationship using two approaches for identification within the same data: cousins...
Persistent link: https://www.econbiz.de/10013134988
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A Flying Start? Long Term Consequences of Maternal Time Investments in Children During Their First Year of Life
Carneiro, Pedro Manuel - 2010
exploiting a reform that increased paid and unpaid maternity leave in Norway. The reform increased maternal leave on average by 4 …
Persistent link: https://www.econbiz.de/10013135181
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The Timing of Parental Income and Child Outcomes : The Role of Permanent and Transitory Shocks
Tominey, Emma - 2010
How do shocks to parental income drive adolescent human capital, including years of schooling, high school dropout, university attendance, IQ and health? A structural model decomposes household shocks into permanent and transitory components, then the effect of shocks at age 1-16 is estimated...
Persistent link: https://www.econbiz.de/10013137245