Natural Resource Endowments, Governance, and the Domestic Revenueeffort: Evidence From a Panel of Countries

The recent development literature stresses that countries that receive large revenues from natural resource endowments typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax effort reduces the incentive for the public scrutiny of...

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Bibliographic Details
Main Author: Thornton, John (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2008
Series:IMF Working Papers Working Paper No. 08/170
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Summary:The recent development literature stresses that countries that receive large revenues from natural resource endowments typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax effort reduces the incentive for the public scrutiny of government. Our results from a panel of 30 hydrocarbon producing countries indicate that the offset between hydrocarbon revenues and revenues from other domestic sources is about 20 percent but that it is invariant to governance indicators
Item Description:Includes bibliographical references
Physical Description:1 Online-Ressource (10 p)
ISBN:1451870280
9781451870282

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