Resource Rents: When to spend and how to save
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Anthony Venables, 2010. "Resource rents; when to spend and how to save," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 17(4), pages 340-356, August.
- Venables, Anthony J, 2010. "Resource rents; when to spend and how to save," CEPR Discussion Papers 7875, C.E.P.R. Discussion Papers.
References listed on IDEAS
- Anthony Venables & Paul Collier, 2009.
"Natural Resources and State Fragility,"
OxCarre Working Papers
031, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Paul Collier & Anthony J. Venables, 2010. "Natural Resources and State Fragility," RSCAS Working Papers 2010/36, European University Institute.
- Paul Collier and Anthony J. Venables, 2010. "Natural Resources and State Fragility," EUI-RSCAS Working Papers 36, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
- Kimball, Miles S, 1990.
"Precautionary Saving in the Small and in the Large,"
Econometrica, Econometric Society, vol. 58(1), pages 53-73, January.
- Miles S. Kimball, 1989. "Precautionary Saving in the Small and in the Large," NBER Working Papers 2848, National Bureau of Economic Research, Inc.
- Bhattacharyya, Sambit & Hodler, Roland, 2010.
"Natural resources, democracy and corruption,"
European Economic Review, Elsevier, vol. 54(4), pages 608-621, May.
- Sambit Bhattacharyya & Roland Hodler, 2008. "Natural Resources, Democracy and Corruption," Department of Economics - Working Papers Series 1047, The University of Melbourne.
- Sambit Bhattacharyya & Roland Hodler, 2009. "Natural Resources, Democracy and Corruption," OxCarre Working Papers 020, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Timothy J. Besley & Torsten Persson, 2008.
"The Incidence of Civil War: Theory and Evidence,"
NBER Working Papers
14585, National Bureau of Economic Research, Inc.
- Besley, Timothy J. & Persson, Torsten, 2008. "The Incidence of Civil War: Theory and Evidence," CEPR Discussion Papers 7101, C.E.P.R. Discussion Papers.
- Timothy Besley & Torsten Persson, 2009. "The Incidence of Civil War: Theory and Evidence," STICERD - Economic Organisation and Public Policy Discussion Papers Series 005, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Bernard Gauthier & Albert Zeufack, 2010. "Governance And Oil Revenues In Cameroon," OxCarre Working Papers 038, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Jan-Peter Olters, 2007. "Old Curses, New Approaches? Fiscal Benchmarks for Oil-Producing Countries in Sub-Saharan Africa," IMF Working Papers 2007/107, International Monetary Fund.
- Christopher Adam & Anthony M Simpasa, 2010. "Harnessing Resource Revenues for Prosperity in Zambia," OxCarre Working Papers 036, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Mauricio Villafuerte & Rolando Ossowski & Theo Thomas & Paulo A Medas, 2008. "Managing the Oil Revenue Boom; The Role of Fiscal Institutions," IMF Occasional Papers 260, International Monetary Fund.
- Bernardin Akitoby & Thomas Stratmann, 2008.
"Fiscal Policy and Financial Markets,"
Economic Journal, Royal Economic Society, vol. 118(533), pages 1971-1985, November.
- Bernardin Akitoby & Thomas Stratmann, 2006. "Fiscal Policy and Financial Markets," IMF Working Papers 2006/016, International Monetary Fund.
Citations
Blog mentions
As found by EconAcademics.org, the blog aggregator for Economics research:- How to manage rents from non-renewable resources
by Economic Logician in Economic Logic on 2010-12-01 21:05:00
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Melina, Giovanni & Yang, Shu-Chun S. & Zanna, Luis-Felipe, 2016.
"Debt sustainability, public investment, and natural resources in developing countries: The DIGNAR model,"
Economic Modelling, Elsevier, vol. 52(PB), pages 630-649.
- Giovanni Melina & Susan S. Yang & Luis-Felipe Zanna, 2014. "Debt Sustainability, Public Investment, and Natural Resources in Developing Countries; the DIGNAR Model," IMF Working Papers 2014/050, International Monetary Fund.
- Keyra Primus, 2016. "Fiscal Rules for Resource Windfall Allocation; The Case of Trinidad and Tobago," IMF Working Papers 2016/188, International Monetary Fund.
- Levine,Paul Leslie & Melina,Giovanni & Onder,Harun & Levine,Paul Leslie & Melina,Giovanni & Onder,Harun, 2016. "Non-renewable resources, fiscal rules, and human capital," Policy Research Working Paper Series 7695, The World Bank.
- Rod Tyers, 2014.
"Asymmetry in Boom-Bust Shocks: Australian Performance with Oligopoly,"
Economics Discussion / Working Papers
14-23, The University of Western Australia, Department of Economics.
- Rod Tyers, 2014. "Asymmetry in Boom-Bust Shocks: Australian Performance with Oligopoly," CAMA Working Papers 2014-50, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Frederick Ploeg, 2012.
"Bottlenecks in ramping up public investment,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 19(4), pages 509-538, August.
- Rick Van der Ploeg, 2011. "Bottlenecks in Ramping Up Public Investment," OxCarre Working Papers 066, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Robin Boadway & Michael Keen, 2014. "Rent Taxes and Royalties in Designing Fiscal Regimes for Non-Renewable Resources," CESifo Working Paper Series 4568, CESifo.
- Carpantier, J.-F. & Vermeulen, W.N., 2018.
"Emergence of sovereign wealth funds,"
Journal of Commodity Markets, Elsevier, vol. 11(C), pages 1-21.
- Jean-François Carpantier & Wessel N. Vermeulen, 2014. "Emergence of Sovereign Wealth Funds," CREA Discussion Paper Series 14-25, Center for Research in Economic Analysis, University of Luxembourg.
- J.-F. Carpantier & W.N. Vermeulen, 2018. "Emergence of sovereign wealth funds," Post-Print hal-01794951, HAL.
- J-F Carpantier & W N Vermeulen, 2014. "Emergence of Sovereign Wealth Funds," OxCarre Working Papers 148, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Andrew Berg & Rafael Portillo & Shu-Chun S Yang & Luis-Felipe Zanna, 2013.
"Public Investment in Resource-Abundant Developing Countries,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 61(1), pages 92-129, April.
- Andrew Berg & Rafael A Portillo & Susan S. Yang & Luis-Felipe Zanna, 2012. "Public Investment in Resource-Abundant Developing Countries," IMF Working Papers 2012/274, International Monetary Fund.
- Jonathan Temple & Huikang Ying & Patrick Carter, 2014. "Transfers and Transformations: Remittances, Foreign Aid, and Growth," Bristol Economics Discussion Papers 14/649, School of Economics, University of Bristol, UK, revised 02 Dec 2014.
- World Bank, 2013. "Malaysia Economic Monitor, June 2013," World Bank Other Operational Studies 16529, The World Bank.
- Ishak, Phoebe W. & Farzanegan, Mohammad Reza, 2020.
"The impact of declining oil rents on tax revenues: Does the shadow economy matter?,"
Energy Economics, Elsevier, vol. 92(C).
- Phoebe W. Ishak & Mohammad Reza Farzanegan, 2020. "The Impact of Declining Oil Rents on Tax Revenues: Does the Shadow Economy Matter?," CESifo Working Paper Series 8132, CESifo.
- Batubara, Marwan & Purwanto, Widodo Wahyu & Fauzi, Akhmad, 2016.
"Proposing a decision-making process for the development of sustainable oil and gas resources using the petroleum fund: A case study of the East Natuna gas field,"
Resources Policy, Elsevier, vol. 49(C), pages 372-384.
- Christine Richmond & Irene Yackovlev & Shu-Chun S. Yang, 2015. "Investing Volatile Resource Revenues in Capital-Scarce Economies," Pacific Economic Review, Wiley Blackwell, vol. 20(1), pages 193-221, February.
- Rod Tyers & Aaron Walker, 2016. "Quantifying Australia's ‘Three-Speed’ Boom," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 49(1), pages 20-43, March.
- Aaron Walker & Rod Tyers, 2013. "Quantifying Australia's "Three Speed" Boom," Economics Discussion / Working Papers 13-06, The University of Western Australia, Department of Economics.
- Aaron Walker & Rod Tyers, 2013. "Quantifying Australia's "Three Speed" Boom," CAMA Working Papers 2013-10, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Artur Grigoryan, 2016. "The ruling bargain: sovereign wealth funds in elite-dominated societies," Economics of Governance, Springer, vol. 17(2), pages 165-184, May.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Arezki, Rabah & Brückner, Markus, 2011.
"Oil rents, corruption, and state stability: Evidence from panel data regressions,"
European Economic Review, Elsevier, vol. 55(7), pages 955-963.
- Rabah Arezki & Markus Bruckner, 2011. "Oil Rents, Corruption, and State Stability: Evidence from Panel Data Regressions," School of Economics Working Papers 2011-07, University of Adelaide, School of Economics.
- Frederick van der Ploeg & Anthony J. Venables, 2011.
"Harnessing Windfall Revenues: Optimal Policies for Resource‐Rich Developing Economies,"
Economic Journal, Royal Economic Society, vol. 121(551), pages 1-30, March.
- Frederick Van der Ploeg & Anthony J. Venables, 2009. "Harnessing Windfall Revenues: Optimal Policies for Resource-Rich Developing Economies," CESifo Working Paper Series 2571, CESifo.
- Rick Van der Ploeg & Anthony J. Venables, 2011. "Harnessing windfall revenues: Optimal policies for resource-rich developing economies," Economics Series Working Papers 543, University of Oxford, Department of Economics.
- Frankel, Jeffrey A., 2012.
"The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions,"
Scholarly Articles
8694932, Harvard Kennedy School of Government.
- Frankel, Jeffrey A., 2012. "The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions," Working Paper Series rwp12-014, Harvard University, John F. Kennedy School of Government.
- Jeffrey Frankel, 2012. "The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions," CID Working Papers 233, Center for International Development at Harvard University.
- Mlachila, Montfort & Ouedraogo, Rasmané, 2020. "Financial development curse in resource-rich countries: The role of commodity price shocks," The Quarterly Review of Economics and Finance, Elsevier, vol. 76(C), pages 84-96.
- Kaznacheev, Peter, 2013. "Resource Rents and Economic Growth: Economic and institutional development in countries with a high share of income from the sale of natural resources. Analysis and recommendations based on internatio," EconStor Research Reports 121950, ZBW - Leibniz Information Centre for Economics.
- Paul Collier & Anthony Venables & Rick Van der Ploeg & Michael Spence, 2009. "Managing Resource Revenues in Developing," OxCarre Working Papers 015, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Malova, Aleksandra & van der Ploeg, Frederick, 2017. "Consequences of lower oil prices and stranded assets for Russia's sustainable fiscal stance," Energy Policy, Elsevier, vol. 105(C), pages 27-40.
- Torfinn Harding & Frederick Van der Ploeg, 2009. "Is Norway's Bird-in-Hand Stabilization Fund Prudent Enough? Fiscal Reactions to Hydrocarbon Windfalls and Graying Populations," CESifo Working Paper Series 2830, CESifo.
- Kathavate, Jay, 2013. "Direct & Indirect Effects of Aid Volatility on Growth: Do Stronger Institutions Play a Role?," MPRA Paper 45187, University Library of Munich, Germany.
- Wolfgang Nagl, 2012. "Wage Compensations Due to Risk Aversion and Skewness Affection – German Evidence," ifo Working Paper Series 145, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Berger, Loïc & Bleichrodt, Han & Eeckhoudt, Louis, 2013.
"Treatment decisions under ambiguity,"
Journal of Health Economics, Elsevier, vol. 32(3), pages 559-569.
- L. Berger & H. Bleichrodt & L. Eeckhoudt, 2013. "Treatment decisions under ambiguity," Post-Print hal-00845893, HAL.
- BERGER, Loïc & BLEICHRODT, Han & EECKHOUDT, Louis, 2013. "Treatment decisions under ambiguity," LIDAM Reprints CORE 2494, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva, 2018.
"An Explicit Representation for Disappointment Aversion and Other Betweenness Preferences,"
PIER Working Paper Archive
18-019, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Sep 2018.
- Simone Cerreia-Vioglio & David Dillenberger & Pietro Ortoleva, 2018. "An Explicit Representation for Disappointment Aversion and Other Betweenness Preferences," Working Papers 631, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Marcel Das & Bas Donkers, 1999.
"How Certain Are Dutch Households About Future Income? An Empirical Analysis,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 45(3), pages 325-338, September.
- Das, J.W.M. & Donkers, A.C.D., 1997. "How Certain are Dutch Households about Future Income? An Empirical Analysis," Discussion Paper 1997-38, Tilburg University, Center for Economic Research.
- Das, J.W.M. & Donkers, A.C.D., 1997. "How Certain are Dutch Households about Future Income? An Empirical Analysis," Other publications TiSEM d8aabd66-ddc7-4834-a157-e, Tilburg University, School of Economics and Management.
- Varvarigos, Dimitrios & Arsenis, Panagiotis, 2015. "Corruption, fertility, and human capital," Journal of Economic Behavior & Organization, Elsevier, vol. 109(C), pages 145-162.
- Alex Cukierman & Anton Muscatelli, 2001. "Do Central Banks have Precautionary Demands for Expansions and for Price Stability?," Working Papers 2002_4, Business School - Economics, University of Glasgow, revised Mar 2002.
- Goldzahl, Léontine, 2017. "Contributions of risk preference, time orientation and perceptions to breast cancer screening regularity," Social Science & Medicine, Elsevier, vol. 185(C), pages 147-157.
- Rabah Arezki & Klaus Deininger & Harris Selod, 2015.
"What Drives the Global "Land Rush"?,"
World Bank Economic Review, World Bank Group, vol. 29(2), pages 207-233.
- Harris Selod & Klaus W. Deininger & Rabah Arezki, 2011. "What Drives the Global Land Rush?," IMF Working Papers 2011/251, International Monetary Fund.
- Rabah Arezki & Klaus Deininger & Harris Selod, 2013. "What Drives the Global "Land Rush"?," OxCarre Working Papers 120, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Rabah Arezki & Klaus Deininger & Harris Selod, 2015. "What Drives the Global “Land Rush”?," PSE-Ecole d'économie de Paris (Postprint) hal-01203031, HAL.
- Rabah Arezki & Klaus Deininger & Harris Selod, 2011. "What Drives the Global Land Rush?," OxCarre Working Papers 072, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Rabah Arezki & Klaus Deininger & Harris Selod, 2015. "What Drives the Global “Land Rush”?," Post-Print hal-01203031, HAL.
- Arezki, Rabah & Deininger, Klaus & Selod, Harris, 2011. "What drives the global"land rush"?," Policy Research Working Paper Series 5864, The World Bank.
- Rabah Arezki & Klaus Deininger & Harris Selod, 2011. "What Drives the Global Land Rush?," CESifo Working Paper Series 3666, CESifo.
- Rabah Arezki & Klaus Deininger & Harris Selod, 2011. "What Drives the Global Land Rush?," Working Papers 663, Economic Research Forum, revised 12 Jan 2011.
- Breaban, Adriana & van de Kuilen, Gijs & Noussair, Charles, 2016.
"Prudence, Personality, Cognitive Ability and Emotional State,"
Other publications TiSEM
9a01a5ab-e03d-49eb-9cd7-4, Tilburg University, School of Economics and Management.
- Breaban, Adriana & van de Kuilen, Gijs & Noussair, Charles, 2016. "Prudence, Personality, Cognitive Ability and Emotional State," Discussion Paper 2016-030, Tilburg University, Center for Economic Research.
- Blanco, Luisa & Grier, Robin, 2012. "Natural resource dependence and the accumulation of physical and human capital in Latin America," Resources Policy, Elsevier, vol. 37(3), pages 281-295.
- Gollier, Christian, 2002. "Time Horizon and the Discount Rate," Journal of Economic Theory, Elsevier, vol. 107(2), pages 463-473, December.
More about this item
Keywords
Natural resources; revenue management; resource curse; permanent income;
All these keywords.JEL classification:
- Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
- O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
- H0 - Public Economics - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENV-2010-11-06 (Environmental Economics)
Lists
This item is featured on the following reading lists, Wikipedia, or ReplicationWiki pages:Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oxf:oxcrwp:044. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Melis Boya). General contact details of provider: http://edirc.repec.org/data/oxcaruk.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.