Showing 1 - 10 of 145
In 2008, the Government of Zambia reformed its mining tax regime for large-scale copper mines through a unilateral legislative change. The country went from having one of the lowest average effective tax rates and government take to be above the average. We focus on a particularly controversial...
Persistent link: https://www.econbiz.de/10011943858
Developing countries that experience commodity booms struggle to mobilize sustainable tax revenues. Emerging literature on the subject notwithstanding, there is limited exploration of the specific types of institutions critical for improving fiscal capacity in resourcerich contexts. This paper...
Persistent link: https://www.econbiz.de/10012651146
This paper investigates China's influence on local economic development in 37 African countries between 1997 and 2007. We compare the average changes in economic growth, migration, spatial inequality, and welfare of mineral-rich districts, both prior and after China's WTO Accession, to the...
Persistent link: https://www.econbiz.de/10011653953
Donor interest in the extractives sector is based upon the premise that it represents an opportunity to improve a country's development prospects. However, in many cases the presence of extractive resources is associated with poor economic performance. As a result, some donors are trying a...
Persistent link: https://www.econbiz.de/10011654024
A large mining project has the potential to be a partner in assisting local communities in their development efforts. Communities located in close proximity to a large mine have every right to expect that the project will benefit their community. Often, reality falls short of their expectations...
Persistent link: https://www.econbiz.de/10011688595
Extractive industries form an important part of the economy for many developing countries, but their impact on growth and welfare remains understudied. With global efforts to transition to net-zero carbon emissions in the coming decades, understanding the local impacts of the extractives sector...
Persistent link: https://www.econbiz.de/10013204764
We show that the incorporation of offshore entities increases when oil and gas exploration licences are awarded. We exploit leaked data on the incorporation of shell companies and detailed information on tax havens and the awarding rounds of oil licences to construct a new data set covering 119...
Persistent link: https://www.econbiz.de/10013204768
This study assesses the impact of four coal mines in Mozambique on the socioeconomic outcomes of the local population. We combine four waves of household surveys with coal mine locations data and employ a difference-in-difference model. The timing of the surveys allows us to control for...
Persistent link: https://www.econbiz.de/10012651179
There are large volumes of gas offshore Tanzania, which has raised hopes of a boom. But those hopes look set to be disappointed. A boom would depend on there being a sizeable flow of revenue to government from producing and exporting gas. This paper sets out the scale of the gas, and the array...
Persistent link: https://www.econbiz.de/10012146474
A significant natural resource discovery creates excited popular expectations of imminent wealth. But the size of a boom is usually overestimated and the delay in receiving revenues is underestimated. This paper takes stock of the sequencing, timing, and scale of the development of a natural...
Persistent link: https://www.econbiz.de/10012146475