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....

Russia is one of the key players in the Arctic with ambitions to continue development its Arctic oil resources. Nowadays the only fully launched oil and gas offshore project in Russia is the platform Prirazlomnaya, a number of other projects are at the various stages of realization and their...