-2012, with a global repository of giant oil, gas, and mineral discoveries. We find strong and robust evidence of a 'fiscal … presource curse', id est, natural resources can jeopardize fiscal sustainability even before 'the first drop of oil is pumped …'. Specifically, we find that giant discoveries, mostly of oil and gas, lead to permanently higher government debt and, eventually …

We show that the incorporation of offshore entities increases when oil and gas exploration licences are awarded. We … oil licences to construct a new data set covering 119 countries over the period 1990-2014. We consider the incorporation … association is stronger when the price of oil increases. Our work informs the fight against corruption, proposing greater …

impact of oil. On a sample of 31 countries during the 2000s oil price boom, we first assess which country and sector … characteristics are correlated with the effective tax on oil, i.e. the share of oil income collected by the government. Secondly, we … test whether oil revenue evicts traditional tax revenues. We propose a new methodology to address this question and we …