The Impact of Natural Resource Discoveries in Latin America and the Caribbean is popular PDF and ePub book, written by Mr.Frederik G Toscani in 2017-02-10, it is a fantastic choice for those who relish reading online the Nature genre. Let's immerse ourselves in this engaging Nature book by exploring the summary and details provided below. Remember, The Impact of Natural Resource Discoveries in Latin America and the Caribbean can be Read Online from any device for your convenience.
The Impact of Natural Resource Discoveries in Latin America and the Caribbean Book PDF 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.
Detail Book of The Impact of Natural Resource Discoveries in Latin America and the Caribbean PDF
- Author : Mr.Frederik G Toscani
- Release : 10 February 2017
- Publisher : International Monetary Fund
- ISBN : 9781475577570
- Genre : Nature
- Total Page : 35 pages
- Language : English
- PDF File Size : 9,9 Mb
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