The long-term impact of a resource-based fiscal windfall: Evidence from the Peruvian canon

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy Pub Date : 2023-10-27 DOI:10.1016/j.resourpol.2023.104305

Fernando M. Aragón , Hernan Winkler

引用次数: 0

Abstract

This paper examines the long-term impact of the canon, a resource-based transfer, on local living conditions in Peruvian municipalities. We use the most recent data and several identification strategies with cross-section and panel data. We find no evidence of significant improvements in access to public services, poverty, or inequality. This negligible impact occurs, even though we observe sizable increases in municipalities’ revenue, personnel, and equipment. We only observe some suggestive, albeit weak, evidence of increased infrastructure projects in local areas, such as the construction and repair of urban roads.

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基于资源的财政意外之财的长期影响:来自秘鲁经典的证据

本文研究了以资源为基础的转移对秘鲁城市当地生活条件的长期影响。我们使用了最新的数据和几种具有横截面和面板数据的识别策略。我们没有发现任何证据表明在获得公共服务、贫困或不平等方面有显著改善。这种微不足道的影响发生了，尽管我们观察到市政当局的收入、人员和设备大幅增加。我们只观察到一些暗示性的、尽管很弱的证据，表明当地的基础设施项目有所增加，例如城市道路的建设和修复。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Resources Policy ENVIRONMENTAL STUDIES-

CiteScore

13.40

自引率

23.50%

发文量

602

审稿时长

69 days

期刊介绍： Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.