Natural Resource Discoveries, Citizen Expectations and Household Decisions
Major oil and gas discoveries are often associated with excitement and jubilation among citizens and government officials. But the extent to which discoveries substantially alter citizen expectations about economic conditions in a country remains a...
Main Authors: | , |
---|---|
Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2020
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/796881598889032254/Natural-Resource-Discoveries-Citizen-Expectations-and-Household-Decisions http://hdl.handle.net/10986/34420 |
id |
okr-10986-34420 |
---|---|
recordtype |
oai_dc |
spelling |
okr-10986-344202022-09-20T00:11:42Z Natural Resource Discoveries, Citizen Expectations and Household Decisions Cust, James Mensah, Justice Tei EXPECTATIONS CITIZEN ENGAGEMENT HOUSEHOLD DECISIONS NATURAL RESOURCES OIL DISCOVERIES RESOURCE CURSE OIL AND GAS INTERNATIONAL MIGRATION Major oil and gas discoveries are often associated with excitement and jubilation among citizens and government officials. But the extent to which discoveries substantially alter citizen expectations about economic conditions in a country remains an open question. The paper combines Afrobarometer data on household expectations on economic conditions and living standards with the announcement of oil and gas discoveries in Africa to estimate the effect of discoveries on expectations. The identification strategy exploits plausibly exogenous variation in the timing of discoveries relative to the rollout of survey interviews. The study find that discoveries increase expectations of better economic conditions and living standards by 35 and 52 percent respectively. Further, the paper finds that the overall expectations boom effect pertains only to countries with weaker institutions. The paper also provides evidence that households incorporate these expectations into their migration and fertility decisions, with fewer applications in the short run to the U.S. green card lottery and increased childbirth following discovery announcements. 2020-09-03T14:27:17Z 2020-09-03T14:27:17Z 2020-08 Working Paper http://documents.worldbank.org/curated/en/796881598889032254/Natural-Resource-Discoveries-Citizen-Expectations-and-Household-Decisions http://hdl.handle.net/10986/34420 English Policy Research Working Paper;No. 9372 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa Sub-Saharan Africa |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
EXPECTATIONS CITIZEN ENGAGEMENT HOUSEHOLD DECISIONS NATURAL RESOURCES OIL DISCOVERIES RESOURCE CURSE OIL AND GAS INTERNATIONAL MIGRATION |
spellingShingle |
EXPECTATIONS CITIZEN ENGAGEMENT HOUSEHOLD DECISIONS NATURAL RESOURCES OIL DISCOVERIES RESOURCE CURSE OIL AND GAS INTERNATIONAL MIGRATION Cust, James Mensah, Justice Tei Natural Resource Discoveries, Citizen Expectations and Household Decisions |
geographic_facet |
Africa Sub-Saharan Africa |
relation |
Policy Research Working Paper;No. 9372 |
description |
Major oil and gas discoveries are often
associated with excitement and jubilation among citizens and
government officials. But the extent to which discoveries
substantially alter citizen expectations about economic
conditions in a country remains an open question. The paper
combines Afrobarometer data on household expectations on
economic conditions and living standards with the
announcement of oil and gas discoveries in Africa to
estimate the effect of discoveries on expectations. The
identification strategy exploits plausibly exogenous
variation in the timing of discoveries relative to the
rollout of survey interviews. The study find that
discoveries increase expectations of better economic
conditions and living standards by 35 and 52 percent
respectively. Further, the paper finds that the overall
expectations boom effect pertains only to countries with
weaker institutions. The paper also provides evidence that
households incorporate these expectations into their
migration and fertility decisions, with fewer applications
in the short run to the U.S. green card lottery and
increased childbirth following discovery announcements. |
format |
Working Paper |
author |
Cust, James Mensah, Justice Tei |
author_facet |
Cust, James Mensah, Justice Tei |
author_sort |
Cust, James |
title |
Natural Resource Discoveries, Citizen Expectations and Household Decisions |
title_short |
Natural Resource Discoveries, Citizen Expectations and Household Decisions |
title_full |
Natural Resource Discoveries, Citizen Expectations and Household Decisions |
title_fullStr |
Natural Resource Discoveries, Citizen Expectations and Household Decisions |
title_full_unstemmed |
Natural Resource Discoveries, Citizen Expectations and Household Decisions |
title_sort |
natural resource discoveries, citizen expectations and household decisions |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/796881598889032254/Natural-Resource-Discoveries-Citizen-Expectations-and-Household-Decisions http://hdl.handle.net/10986/34420 |
_version_ |
1764480860162097152 |