Natural Resource Endowments, Governance, and the Domestic Revenue Effort 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
Other Authors: Bornhorst, Fabian, Gupta, Sanjeev
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2008
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Kuwait 
653 |a Agribusiness 
653 |a Natural resources 
653 |a Agricultural and Natural Resource Economics 
653 |a Natural Resources 
653 |a Environmental management 
653 |a Bureaucracy 
653 |a Agriculture: General 
653 |a Agricultural industries 
653 |a Administrative Processes in Public Organizations 
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520 |a 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