Show simple item record

dc.contributor.advisorOrihuela Paredes, José Carloses_ES
dc.contributor.authorGuerrero Amezaga, Maria Elena
dc.description.abstractSome resource-dependent countries experience substantial increases in government revenue during natural resource booms. Recent theoretical and empirical contributions (Robinson et al. 2006, Brollo et al. 2013) have argued that such abundance of windfalls can have a negative effect on the functioning of local institutions. In particular, abundance of windfalls could increase the incidence of corruption because their presence aggravates the moral hazard problem that exists between citizens and their elected authorities. This is so because an increased budget means that officials can appropiate rents illegally without compromising their obligations with the electorate, thus distorting the inferences that citizens make about their authorities’ competence. Furthermore, such agency problem could be aggravated by the self-selection of relatively worse candidates entering politics (assuming rents are more valuable for the relatively less skilled), because incumbent mayors (including corrupt ones) would face weaker competition. Exploiting substantial time and spatial variation in the amount of mining-related transfers received by the districts of Peru during the 2000s commodity boom, I implement a difference-in-differences strategy to put the mentioned theory to test. I find evidence supporting the hypothesis of a non-monotonic effect of windfalls on the incidence of corruption, and a negative effect of windfalls on the quality of candidates drawn to challenge incumbents and compete for public office. I do not find strong evidence of the theorized relationship between the two phenomena, but I propose further research pathways to improve our understanding of the results.es_ES
dc.publisherPontificia Universidad Católica del Perúes_ES
dc.rightsAtribución-NoComercial 2.5 Perú*
dc.subjectFinanzas locales--Perúes_ES
dc.subjectRecursos naturales--Perúes_ES
dc.subjectCorrupción política--Perúes_ES
dc.subjectDelitos de los funcionarios--Perúes_ES
dc.titleThe effects of fiscal windfalls on corrruption and selection into politics: evidence from the Peruvian commodity boom (2003-2014)es_ES
dc.typeinfo:eu-repo/semantics/bachelorThesises_ES en Economíaes_ESítulo Profesionales_ES Universidad Católica del Perú. Facultad de Ciencias Socialeses_ESíaes_ES

Files in this item


This item appears in the following Collection(s)

Show simple item record

Atribución-NoComercial 2.5 Perú
Except where otherwise noted, this item's license is described as Atribución-NoComercial 2.5 Perú