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Natural resource rents, autocracy and the composition of government spending
This paper empirically analyzes the influence of rents from natural resources on the composition of government spending and investigates whether the relationship differs between democracies and autocracies. Both panel data and instrumental variable regressions suggest that there is a negative joint...
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| Izdano u: | MAGKS - Joint Discussion Paper Series in Economics (Band 27-2017) |
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| Glavni autor: | |
| Format: | Članak |
| Jezik: | engleski |
| Izdano: |
Philipps-Universität Marburg
2017
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| Teme: | |
| Online pristup: | PDF cijeli tekst |
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| Sažetak: | This paper empirically analyzes the influence of rents from natural resources on the composition of government spending and investigates whether the relationship differs between democracies and autocracies. Both panel data and instrumental variable regressions suggest that there is a negative joint effect of autocracy and natural resource dependency on education spending. Moreover, there is slight evidence in the results of a positive joint effect on spending for social protection, while other components of government spending do not seem to be influenced. In particular, the results do not suggest that autocratic regimes in resource-dependent countries spend relatively more on military. |
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| Opis fizičkog objekta: | 56 Seiten |
| ISSN: | 1867-3678 |
| Digitalni identifikator objekta: | 10.17192/es2024.0547 |