This paper examines the relationship between hydrocarbon and non-hydrocarbon revenues using a probabilistic panel model with data covering 30 resource-rich countries over 1992-2012. It also discusses policy implications for Uganda, a country with recently discovered oil reserves. The findings show that although an increase in hydrocarbon revenues is likely to crowd out non-resource revenues, improved institutional quality could dampen or reverse this...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2017/05/01
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Рабочий документ в рамках исследования вопросов политики
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WPS8048
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1
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1
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2017/05/01
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Disclosed
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Does oil revenue crowd out other tax revenues ? policy lessons for Uganda
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political stability
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Официальная версия документа (может содержать подписи, и т.д.)