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Natural resource windfalls in nonproducing areas

Ome, Alejandro; Pérez, Javier - 2022

We study the impact of natural resource royalties on educational outcomes in Colombia. We analyze a reform enacted in … 2012 that made the distribution of these royalties more equitable. Before the reform, most royalties were assigned to the … regions where the natural resources were exploited; with the reform non-producing regions started to receive royalties. We …

Persistent link: https://www.econbiz.de/10014495940

Extractive revenues and government spending : short- versus long-term considerations

Ploeg, Frederick van der; Venables, Anthony - 2017

The prescription of optimally managing natural resource revenue windfalls by smoothing consumption across generations using an intergenerational sovereign wealth fund that only invests in foreign assets is not appropriate for resource-rich developing economies. It is better for these economies...

Persistent link: https://www.econbiz.de/10011611262

Fiscal Windfall Curse

Berset, Simon - 2020

We study the impact of a one-off exogenous fiscal windfall on local public finances in the canton of Zurich in Switzerland. The windfall was due to the IPO of Glencore on the London Stock Exchange in 2011. As a result, its CEO paid an extraordinary tax bill of approximately CHF 360 million....

Persistent link: https://www.econbiz.de/10012847367

Bottlenecks in ramping up public investment

Ploeg, Frederick van der - 2011

Persistent link: https://www.econbiz.de/10009378515

Bottlenecks in ramping up public investment

Ploeg, Frederick van der - In: International tax and public finance 19 (2012) 4, pp. 509-538

Persistent link: https://www.econbiz.de/10009660656

Harnessing windfall revenues : optimal policies for resource-rich developing economies

Ploeg, Frederick van der; Venables, Anthony - 2009

A windfall of natural resource revenue (or foreign aid) faces government with choices of how to manage public debt, investment, and the distribution of funds for consumption, particularly if the windfall is both anticipated and temporary. We show that the permanent income hypothesis prescription...

Persistent link: https://www.econbiz.de/10003813611