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This paper studies the effect of oil discoveries on economic growth in Brazilian municipalities for the period from 1940 to 2000. It uses a unique identification strategy which exploits data on the drilling of approximately 20,000 oil wells in Brazil since oil explorations began in the country....
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revenues, as well as gambling disorders, crime rates, and the impact on other businesses. Readers will come away with a better …-informed opinion on the merits of these arguments for and against public policies that would expand casino gambling. …
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