We examine the stock market reaction to the unilateral release of natural resources revenue payments information by the United States Department of the Interior in pursuance of the United States Extractive Industries Transparency Initiative (USEITI) candidacy implementation process. Our study...

The success of a developmental strategy based on the extraction of non-renewable resources is largely dependent on the share of revenues captured by the state from the extractive sector and the modalities that governments adopt to use and distribute those revenues. In the last two decades, local...