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Natural resource windfalls and efficiency of local government expenditures: evidence from Peru

dc.creatorArdanaz, Martin
dc.creatorMaldonado Zambrano, Stanislao Humberto
dc.date.accessioned2016-05-17T15:08:04Z
dc.date.available2016-05-17T15:08:04Z
dc.date.created2013-12
dc.date.issued2013
dc.description.abstractWe study the role of natural resource windfalls in explaining the efficiency of public expenditures. Using a rich dataset of expenditures and public good provision for 1,836 municipalities in Peru for period 2001-2010, we estimate a non-monotonic relationship between the efficiency of public good provision and the level of natural resource transfers. Local governments that were extremely favored by the boom of mineral prices were more efficient in using fiscal windfalls whereas those benefited with modest transfers were more inefficient. These results can be explained by the increase in political competition associated with the boom. However, the fact that increases in efficiency were related to reductions in public good provision casts doubts about the beneficial effects of political competition in promoting efficiency.eng
dc.format.extent56spa
dc.format.mimetypeapplication/pdf
dc.format.tipoDocumentospa
dc.identifier.doihttps://doi.org/10.48713/10336_12036
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/12036
dc.language.isospa
dc.publisherUniversidad del Rosariospa
dc.publisher.departmentFacultad de Economíaspa
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.relation.urihttps://ideas.repec.org/p/col/000092/014578.html
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto completo)spa
dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombiaspa
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/2.5/co/
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dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.ddcEconomía
dc.subject.jelQ33
dc.subject.jelH70
dc.subject.jelH76
dc.subject.keywordResource boomseng
dc.subject.keywordIntergovernmental transferseng
dc.subject.keywordLocal government efficiencyeng
dc.subject.lembRecursos naturales::Aspectos Económicosspa
dc.subject.lembGobierno local::Perúspa
dc.titleNatural resource windfalls and efficiency of local government expenditures: evidence from Peruspa
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaDocumento de trabajospa
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