Winning the Oil Lottery : The Impact of Natural Resource Extraction on Growth /

This paper provides evidence of the causal impact of oil discoveries on development. Novel data on the drilling of 20,000 oil wells in Brazil allows us to exploit a quasi-experiment: Municipalities where oil was discovered constitute the treatment group, while municipalities with drilling but no dis...

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Hlavní autor: Cavalcanti, Tiago
Další autoři: Da Mata, Daniel, Toscani, Frederik
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2016.
Edice:IMF Working Papers; Working Paper ; No. 2016/061
On-line přístup:Full text available on IMF