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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Cavalcanti, Tiago
Weitere Verfasser: Da Mata, Daniel, Toscani, Frederik
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2016.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2016/061
Online Zugang:Full text available on IMF