How to order
IMF Publications

Related material:
The IMF and the Fight Against Money Laundering and the Financing of Terrorism--A Factsheet

Working Papers in full text
2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All


Other research-related activities and publications of the IMF can be found at IMF Research

Free Email Notification

Receive emails when we post new items of interest to you.

Subscribe or Modify your profile



Natural Resource Endowments, Governance, and the Domestic RevenueEffort: Evidence from a Panel of Countries

Author/Editor: Bornhorst, Fabian | Gupta, Sanjeev | Thornton, John
Authorized for Distribution: July 1, 2008
Electronic Access: Free Full Text (PDF file size is 459KB)
Use the free Adobe Acrobat Reader to view this PDF file.
 
Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

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.
 
Order a print copy
Series: Working Paper No. 08/170
Subject(s): Hydrocarbons | Revenues | Oil revenues | Taxation | Governance | Corruption
Author's keyword(s): hydrocarbon revenues; domestic revenue effort; governance
 
English  
    Published:   July 1, 2008        
            Format:   Paper
    Stock No:   WPIEA2008170   Pages:   10
    Price:   US$18.00 (Academic Rate: US$18.00 )
       
     
Please address any questions about this title to publications@imf.org.