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American Economic Journal: Applied Economics: Vol. 5 No. 1 (January 2013)
AEJ: Applied Volume. 5, Issue 1 | 
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Do Oil Windfalls Improve Living Standards? Evidence from Brazil
Article Citation
Caselli, Francesco, and
Guy Michaels. 2013. "Do Oil Windfalls Improve Living Standards? Evidence from Brazil."
American Economic Journal: Applied Economics,
5(1): 208-38.
DOI: 10.1257/app.5.1.208
DOI: 10.1257/app.5.1.208
Abstract
We use variation in oil output among Brazilian municipalities to
investigate the effects of resource windfalls on government behavior.
Oil-rich municipalities experience increases in revenues and report
corresponding increases in spending on public goods and services.
However, survey data and administrative records indicate that social
transfers, public good provision, infrastructure, and household
income increase less (if at all) than one might expect given the higher
reported spending. (JEL H41, H75, I31, O13, O15, O17, O18)
Article Full-Text Access
Full-text Article
Additional Materials
Download Data Set (8.90 MB) | Online Appendix (612.10 KB)
Authors
Caselli, Francesco (London School of Economics and Political Science)
Michaels, Guy (London School of Economics and Political Science)
Michaels, Guy (London School of Economics and Political Science)
JEL Classifications
H41: Public Goods
H75: State and Local Government: Health; Education; Welfare; Public Pensions
I31: General Welfare
O13: Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
O15: Economic Development: Human Resources; Human Development; Income Distribution; Migration
O17: Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O18: Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
H75: State and Local Government: Health; Education; Welfare; Public Pensions
I31: General Welfare
O13: Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
O15: Economic Development: Human Resources; Human Development; Income Distribution; Migration
O17: Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O18: Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
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