Digging into the Resource Curse: Research into Oil Revenue and Brazilian Municipalities

Michael Giberson A paper by Francesco Caselli and Guy Michaels, “Do Oil Windfalls Improve Living Standards? Evidence from Brazil,” takes a closer look at the how the resource curse works its anti-magic. (Ungated version here.) The abstract: We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find … More Digging into the Resource Curse: Research into Oil Revenue and Brazilian Municipalities