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Winning the Oil Lottery

Winning the Oil Lottery »

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

Volume/Issue: 2016/61

Series: IMF Working Papers

Author(s): Tiago Cavalcanti , Daniel Da Mata , and Frederik Toscani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2016

ISBN: 9781513587752

Keywords: Oil and Gas, Urbanization, oil, drilling, oil discoveries, oil production, gas, General, All Countries,

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 di...

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

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

Volume/Issue: 2016/61

Series: IMF Working Papers

Author(s): Tiago Cavalcanti , Daniel Da Mata , and Frederik Toscani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2016

DOI: http://dx.doi.org/10.5089/9781513587752.001

ISBN: 9781513587752

Keywords: Oil and Gas, Urbanization, oil, drilling, oil discoveries, oil production, gas, General, All Countries,

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 di...