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BestsellerE-book
Author Toscani, Frederik, author.

Title The impact of natural resource discoveries in Latin America and the Caribbean : a closer look at the case of bolivia / prepared by Frederik Toscani.

Publication Info. [Washington, District of Columbia] : International Monetary Fund, 2017.
©2017
Online access
Online eBook. Access restricted to current Rider University students, faculty, and staff.
Instructions for reading/downloading the EBSCO version of this eBook

Item Status

Description 1 online resource (36 pages) : illustrations (some color), tables
text file
Series IMF Working Papers.
Summary This paper studies the impact of natural resource extraction in Latin America and the Caribbean (LAC) from a number of angles. First, we exploit a novel dataset on the universe of giant oil and gas discoveries in the region to trace out the cyclical response of macroeconomic variables to discoveries over the short- and medium-run. Second, we use non-stationary panel data techniques to look at the long-run (trend) relationship between GDP per capita and the value of oil and gas production-our results imply that the recent fall in prices could depress GDP per capita by several percentage points. Last, we use Bolivia, which discovered huge gas reserves in the late 1990s, as a case study to apply the cross-country results and to study the impact of discoveries at the subnational level.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Economic development -- Latin America.
Economic development.
Latin America.
Economic development -- Caribbean Area.
Caribbean Area.
Genre/Form Electronic books.
Other Form: Print version: Toscani, Frederik G The Impact of Natural Resource Discoveries in Latin America and the Caribbean: A Closer Look at the Case of Bolivia Washington, D.C. : International Monetary Fund,2017 9781475577570
ISBN 1475579748 (electronic book)
9781475579741 (electronic book)
1475577575
9781475577570
ISSN 1018-5941
Standard No. 10.5089/9781475577570.001

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