Investing Volatile Oil Revenues in Capital-Scarce Economies: An Application to Angola
June 12, 2013
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Format: Chicago
Summary
Subject: Commodities, Expenditure, Oil, Oil prices, Oil, gas and mining taxes, Prices, Public investment spending, Taxes
Keywords: Adjustment cost, Africa, Angola, Depreciation rate, Developing countries, DSGE models, Gas and mining taxes, Global, Government spending, Investment adjustment cost parameter, Investment basket, Investment efficiency, Investment path, Investment scaling-up decision, Investment spending, Natural, Oil, Oil prices, Oil revenue flow, Public investment, Public investment spending, Resource, Resource-rich, Revenue volatility, Stabilization fund, Sub-Saharan Africa, Sustainable investing approach, WP
Publication Details
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Pages:
34
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Volume:
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DOI:
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Issue:
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Series:
Working Paper No. 2013/147
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Stock No:
WPIEA2013147
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ISBN:
9781484393000
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ISSN:
1018-5941