Natural resource windfalls in nonproducing areas

Arbeitspapier

We study the impact of natural resource royalties on educational outcomes in Colombia. We analyze a reform enacted in 2012 that made the distribution of these royalties more equitable. Before the reform, most royalties were assigned to the regions where the natural resources were exploited; with the reform non-producing regions started to receive royalties. We estimate the impact of the reform on regions that most benefited from it, using the international price of oil as an instrument in a difference-in-differences framework. We found positive impacts on enrollment in primary, secondary, and high schools, but no conclusive evidence on academic achievement at any of these levels.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IDB Working Paper Series ; No. IDB-WP-1355

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models: Single Variables: Instrumental Variables (IV) Estimation ; National Government Expenditures and Education ; State and Local Budget and Expenditures ; Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products ; Economywide Country Studies: Latin America; Caribbean
• Thema: royalties ; education ; public finance ; instrumental variables

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ome, Alejandro ; Pérez, Javier
• Ereignis: Veröffentlichung
• (wer): Inter-American Development Bank (IDB)
• (wo): Washington, DC
• (wann): 2022

Weitere Informationen

• DOI: doi:10.18235/0004320
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ