There is an extensive literature on the impact of nonrenewable natural resources (NNR) in the fiscal performance of countries. Overall, with few exceptions, the studies suggest an inverse relationship between these two variables. According to the IDB (2013), the presence of NNR can lead to the...

The present paper aims to explore the contribution and implications of Romania to the development of the Danube region over the years, focusing on the interactions between internal and international factors. From the analyzed ones, we can affirm the fact that the internal factors play a...

This paper contributes to the theoretical understanding of strategic interactions of governments on global factor markets. We analyze carbon taxes and subsidies and their impact on national welfare in a fiscal federalism setting with international markets for capital and fossil resources, and...

Between June 24 and September 13, 2009 the Agriculture Commission of the Romanian Parliament conducted an inquiry into the state of land reclamation works in Romania. The main objectives were: rehabilitation and maintenance works, the exploitation of the works, the way in which the financial...

This study aims at unveiling regional development differences in Norway with respect to various natural resource-based activities that take place in the NUTS3 regions. Norway's natural riches range from agricultural and forest resources to fisheries, mines, petroleum and gas. Considering the...

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...

The major reason of economic depression of old industrial regions is the aging of their economic structure and loss of competitive advantages of their basic sectors. Not the sectors of the regional economy are getting old but determined by economic age conditions of their development in the...

We study the spatial distribution of the effect of oil and gas revenues on Brazilian municipalities, using variations in the international prices of oil and gas to establish causality. Oil and gas revenues increase economic activity, measured by night-time light emissions, in oil-producing...