This chapter presents new estimates for GDP and GDP per capita for the period 1881-2011 for the 23 states and Distrito Capital, which together with the Dependencias Federales, today make up the Republic of Venezuela. Given that the Banco Central de Venezuela (BCV) does not compile figures either...

This paper explores the regional economic impact of mineral resource endowment and offers specific inputs to the debate on the local content requirement (LCR) policy, gaining urgency in modern economic and political environment. Focusing on the experience of the Eastern Siberia the paper...

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....