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Ingresos fiscales petroleros y política fiscal óptima

Author

Listed:
  • Alejandro Villagómez

    (Division of Economics, CIDE)

  • Alejandro Castañeda

Abstract

This paper deals with the fiscal implications of a stabilization fund that allows for a stable consumption over time, in particular in the case of an oil producing and exporting country like Mexico. We present a model of optimal fiscal policy in the context of a country with important revenues generated by an exhaustible resource such as oil.

Suggested Citation

  • Alejandro Villagómez & Alejandro Castañeda, 2007. "Ingresos fiscales petroleros y política fiscal óptima," Working papers DTE 382, CIDE, División de Economía.
    • Handle: RePEc:emc:wpaper:dte382
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    File URL: http://www.economiamexicana.cide.edu/RePEc/emc/pdf/DTE/DTE382.pdf
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    More about this item

    Keywords

    fiscal implications; stabilization fund; stable consumption; oil producing; optimal fiscal policy;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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