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| dc.title | Natural Resource Windfalls In Nonproducing Areas |
| dc.contributor.author | Ome, Alejandro |
| dc.contributor.author | Pérez, Javier |
| dc.contributor.orgunit | Country Department Andean Group |
| dc.coverage | Colombia |
| dc.date.available | 2022-06-23T00:06:00 |
| dc.date.issue | 2022-06-23T00:06:00 |
| dc.description.abstract | 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. |
| dc.format.extent | 22 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0004320 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Natural-Resource-Windfalls-In-Nonproducing-Areas.pdf |
| dc.language.iso | en |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Municipal Government |
| dc.subject | Petroleum |
| dc.subject | Education |
| dc.subject | Natural Resource |
| dc.subject | Public Finance |
| dc.subject | Educational Institution |
| dc.subject | Outcome-Based Education |
| dc.subject | Academic Performance |
| dc.subject | Educational Attainment |
| dc.subject | Poverty |
| dc.subject | Productive Transformation |
| dc.subject | Extractive Cluster |
| dc.subject | Extractive Industry |
| dc.subject.jelcode | C26 - Instrumental Variables (IV) Estimation |
| dc.subject.jelcode | H52 - Government Expenditures and Education |
| dc.subject.jelcode | H72 - State and Local Budget and Expenditures |
| dc.subject.jelcode | O13 - Agriculture • Natural Resources • Energy • Environment • Other Primary Products |
| dc.subject.jelcode | O54 - Latin America • Caribbean |
| dc.subject.keywords | royalties;public finance;instrumental variables;transformación productiva;Extractivas;región andina;Andea Region |
| dc.type | Working Papers |
| idb.identifier.pubnumber | IDB-WP-01355 |
| idb.operation | RG-T3717 |