The impact of oil rents on subnational development : evidence from Argentina

Abstract: This article analyses the relation between mineral rents and development outcomes at the subnational level. The classical literature suggests that natural resource abundance has negative effects on well-being, a situation referred to as the resource curse. However, a novel strand of resear...

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Autores principales: González, Lucas Isaac, Lodola, Germán
Formato: Artículo
Lenguaje:Inglés
Publicado: Barbara Stallings 2020
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Acceso en línea:https://repositorio.uca.edu.ar/handle/123456789/10984
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id I33-R139123456789-10984
record_format dspace
institution Universidad Católica Argentina
institution_str I-33
repository_str R-139
collection Repositorio Institucional de la Universidad Católica Argentina (UCA)
language Inglés
topic RECURSOS NATURALES
RENTA MINERAL
RENTABILIDAD
INDUSTRIA DEL PETROLEO
INDUSTRIALIZACION
SOCIEDAD
DESARROLLO ECONOMICO Y SOCIAL
DESARROLLO HUMANO
spellingShingle RECURSOS NATURALES
RENTA MINERAL
RENTABILIDAD
INDUSTRIA DEL PETROLEO
INDUSTRIALIZACION
SOCIEDAD
DESARROLLO ECONOMICO Y SOCIAL
DESARROLLO HUMANO
González, Lucas Isaac
Lodola, Germán
The impact of oil rents on subnational development : evidence from Argentina
topic_facet RECURSOS NATURALES
RENTA MINERAL
RENTABILIDAD
INDUSTRIA DEL PETROLEO
INDUSTRIALIZACION
SOCIEDAD
DESARROLLO ECONOMICO Y SOCIAL
DESARROLLO HUMANO
description Abstract: This article analyses the relation between mineral rents and development outcomes at the subnational level. The classical literature suggests that natural resource abundance has negative effects on well-being, a situation referred to as the resource curse. However, a novel strand of research emphasizes that rentier states worldwide exhibit contrasting outcomes. To account for such variation, this investigation aligns with approaches stressing the significance of contextual (place and institutional) factors to studying the resource curse. The main claim in this work is that both structural and institutional factors related to the extractive industry help account for variation in development outcomes. It contends that mineral rents are positively associated with human development and economic industrialization when the extractive sector is not geographically concentrated in enclave economies, and subnational fiscal institutions redistribute enough rents from producing to non-producing districts. It empirically tests this argument using a time series cross-sectional analysis, a difference-in-difference (DiD) estimation, and two case studies in Argentina, a country where subnational territorial units collect mineral royalties and have exogenously created their own rent-sharing regimes. It finally provides some comparative implications that may contribute to current debates on the socioeconomic impact of natural resource wealth.
format Artículo
author González, Lucas Isaac
Lodola, Germán
author_facet González, Lucas Isaac
Lodola, Germán
author_sort González, Lucas Isaac
title The impact of oil rents on subnational development : evidence from Argentina
title_short The impact of oil rents on subnational development : evidence from Argentina
title_full The impact of oil rents on subnational development : evidence from Argentina
title_fullStr The impact of oil rents on subnational development : evidence from Argentina
title_full_unstemmed The impact of oil rents on subnational development : evidence from Argentina
title_sort impact of oil rents on subnational development : evidence from argentina
publisher Barbara Stallings
publishDate 2020
url https://repositorio.uca.edu.ar/handle/123456789/10984
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