Posts Tagged ‘natural resources’
How to Spend It: Resource Wealth and the Distribution of Resource Rents
Published: 17th May 2012| By: Paul Segal
Natural resource revenues differ from other government revenues both in their time profile, and in their political and legal status: they are volatile and exhaustible, and belong to all citizens of the country in which they are located. This paper discusses the theory of natural resource revenues and examines expenditure practices in a range of [...]
Download the Publication 782.87KBCategories / Energy Economics, Energy Policy, Oil & Middle East Programme, Working Papers, Working Papers
Fiscal Policy and Natural Resource Entitlements: Who Benefits from Mexican Oil?
Published: 14th May 2012| By: Paul Segal
This paper suggests a new approach to analysing the distribution of natural resource revenues and applies it to the case of Mexico. It defines a natural resource entitlement as a citizen’s per capita share of their country’s natural resource rents. The main finding is that, according to official estimates, Mexican fiscal policy transfers oil entitlements [...]
Download the Publication 421.39KBCategories / Country and Regional Studies, Energy Policy, Oil, Oil & Middle East Programme, Working Papers, Working Papers