Showing 1 - 10 of 22
This paper suggests that an optimal local content policy in the context of flawed institutions is a more minimal one than those typically pursued by developing countries with recently discovered petroleum reserves. We argue that local content requirements need to be seen as a public expenditure...
Persistent link: https://www.econbiz.de/10011379714
This paper analyses the role of foreign aid to assist development in two oil-rich countries: Indonesia and Nigeria …
Persistent link: https://www.econbiz.de/10010233567
bioenergy production. We also find that the factors that favour oil production and renewable energy negatively influence the …
Persistent link: https://www.econbiz.de/10011449717
This second of two papers on global oil theft discusses ways to reduce oil theft, misappropriation, and fraud. At US …$133 billion per year, oil is the largest stolen natural resource globally, while fuel is the most smuggled natural … resource. Oil theft equates to 5-7 per cent of the global market for crude oil and petroleum fuels. It is so engrained in the …
Persistent link: https://www.econbiz.de/10013165046
This paper, the first of two on global oil theft and fraud, discusses the prevalence, methods, and consequences of … global oil theft, valued at US$133 billion per year and equivalent to 5-7 per cent of the global market for crude oil and … petroleum fuels. However, the impact of oil theft is significantly larger than the value of theft itself. Government tax yields …
Persistent link: https://www.econbiz.de/10012816265
We show that the incorporation of offshore entities increases when oil and gas exploration licences are awarded. We … oil licences to construct a new data set covering 119 countries over the period 1990-2014. We consider the incorporation … association is stronger when the price of oil increases. Our work informs the fight against corruption, proposing greater …
Persistent link: https://www.econbiz.de/10012816280
often contrasted, with foreign aid-dependent Mozambique hailed a success compared to oil rentier Angola. This paper … partly through high rent capture and incipient socialization of massive oil rents. We conclude by discussing the likely …
Persistent link: https://www.econbiz.de/10010191185
fact. When oil and gas are also included in estimates of export dependence on extractive industries, a number of new …
Persistent link: https://www.econbiz.de/10012299766
This paper is concerned with the role of oil and gas in the development of the global economy. Its focus is on the … context in which oil and gas producers in both established and developing countries must frame their policies in order to …. It considers oil and gas as factor inputs, their role in global trade, the role of oil prices in the macro-economy and …
Persistent link: https://www.econbiz.de/10011582890
impact of oil. On a sample of 31 countries during the 2000s oil price boom, we first assess which country and sector … characteristics are correlated with the effective tax on oil, i.e. the share of oil income collected by the government. Secondly, we … test whether oil revenue evicts traditional tax revenues. We propose a new methodology to address this question and we …
Persistent link: https://www.econbiz.de/10011588912