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Poverty impacts of natural resource revenues

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Author Info

  • Warr, Peter
  • Menon, Jayant
  • Yusuf, Arief Anshory

Abstract

This study analyzes the effects on poverty incidence and other variables resulting from government expenditures associated with natural resource revenues, using Laos as a case study. The analysis uses a multi-sector/multi-household general equilibrium model of the Lao economy. The conceptual framework emphasizes the distinction between official and marginal expenditures financed by project revenues. A range of assumptions is considered regarding the direct distributional impact of the true marginal expenditures and their implications are compared. Poverty incidence declines under the entire range of distributional assumptions, but the most important determinant of these impacts is the degree of pro-rural bias.

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File URL: http://www.sciencedirect.com/science/article/pii/S1049007812000371
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Bibliographic Info

Article provided by Elsevier in its journal Journal of Asian Economics.

Volume (Year): 23 (2012)
Issue (Month): 4 ()
Pages: 442-453

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Handle: RePEc:eee:asieco:v:23:y:2012:i:4:p:442-453

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Web page: http://www.elsevier.com/locate/asieco

Related research

Keywords: Asia; Lao PDR; Poverty incidence; General equilibrium; Natural resource revenues;

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References

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  1. World Bank, 2008. "Lao PDR Economic Monitor, April 2008," World Bank Other Operational Studies 13815, The World Bank.
  2. World Bank, 2008. "Lao PDR Economic Monitor : November 2008," World Bank Other Operational Studies 13811, The World Bank.
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Cited by:
  1. Arief Anshory Yusuf & Ahmad Komarulzaman & Muhammad Purnagunawan & Budy P. Resosudarmo, 2013. "Growth, Poverty and Labor Market Rigidity in Indonesia: A General Equilibrium Investigation," Working Papers in Economics and Development Studies (WoPEDS) 201304, Department of Economics, Padjadjaran University, revised Jan 2013.

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