Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 14, 2009 erstellt
Beschreibung:
In 1997 the Brazilian government passed Law number 9478, establishing new criteria for petroleum royalty transfers to Brazilian municipalities. The goal of this paper is to evaluate whether royalties distributed under this law contributed to improving social indicators relative to the national average in the eligible municipalities. We used a 'difference-in-differences' measurement to compare changes in selected social indicators within affected and unaffected municipal districts in 1991 and 2000. Results show that while royalties had a negative impact on indicators linked to infrastructure, such as the percentage of population with power and water supply, indicators related to income inequalities — Gini coefficient and poverty rate — were positively impacted