Measuring the importance of oil-related revenues in total fiscal income for Mexico
Revenues from oil exports are an important part of government budgets in Mexico. A time-series analysis is conducted using monthly data from 1990 to 2005 examining three different specifications to determine how international oil price fluctuations and government income generated from oil exports in...
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| Format: | Article |
| Language: | English |
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IPC Science and Technology Press
2008
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| Online Access: | http://eprints.uanl.mx/29014/1/955.pdf |
| _version_ | 1824421121888354304 |
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| author | Reyes Loya, Manuel Lorenzo Blanco González, Lorenzo |
| author_facet | Reyes Loya, Manuel Lorenzo Blanco González, Lorenzo |
| author_sort | Reyes Loya, Manuel Lorenzo |
| collection | Repositorio Institucional |
| description | Revenues from oil exports are an important part of government budgets in Mexico. A time-series analysis is conducted using monthly data from 1990 to 2005 examining three different specifications to determine how international oil price fluctuations and government income generated from oil exports influence fiscal policy in Mexico. The behavior of government spending and taxation is consistent with the spend-tax hypothesis. The results show that there is an inverse relationship between oil-related revenues and tax revenue from non-oil sources. Fiscal policy reform is urgently needed in order to improve tax collection as oil reserves in Mexico become more and more depleted. © 2008 Elsevier B.V. All rights reserved. |
| format | Article |
| id | eprints-29014 |
| institution | UANL |
| language | English |
| publishDate | 2008 |
| publisher | IPC Science and Technology Press |
| record_format | eprints |
| spelling | eprints-290142025-01-15T20:35:45Z http://eprints.uanl.mx/29014/ Measuring the importance of oil-related revenues in total fiscal income for Mexico Reyes Loya, Manuel Lorenzo Blanco González, Lorenzo HJ Finanzas Públicas Revenues from oil exports are an important part of government budgets in Mexico. A time-series analysis is conducted using monthly data from 1990 to 2005 examining three different specifications to determine how international oil price fluctuations and government income generated from oil exports influence fiscal policy in Mexico. The behavior of government spending and taxation is consistent with the spend-tax hypothesis. The results show that there is an inverse relationship between oil-related revenues and tax revenue from non-oil sources. Fiscal policy reform is urgently needed in order to improve tax collection as oil reserves in Mexico become more and more depleted. © 2008 Elsevier B.V. All rights reserved. IPC Science and Technology Press 2008 Article PeerReviewed text en cc_by_nc_nd http://eprints.uanl.mx/29014/1/955.pdf http://eprints.uanl.mx/29014/1.haspreviewThumbnailVersion/955.pdf Reyes Loya, Manuel Lorenzo y Blanco González, Lorenzo (2008) Measuring the importance of oil-related revenues in total fiscal income for Mexico. Energy economics, 30 (5). pp. 2552-2568. ISSN 0140-9883 http://doi.org/10.1016/j.eneco.2008.02.001 doi:10.1016/j.eneco.2008.02.001 |
| spellingShingle | HJ Finanzas Públicas Reyes Loya, Manuel Lorenzo Blanco González, Lorenzo Measuring the importance of oil-related revenues in total fiscal income for Mexico |
| thumbnail | https://rediab.uanl.mx/themes/sandal5/images/online.png |
| title | Measuring the importance of oil-related revenues in total fiscal income for Mexico |
| title_full | Measuring the importance of oil-related revenues in total fiscal income for Mexico |
| title_fullStr | Measuring the importance of oil-related revenues in total fiscal income for Mexico |
| title_full_unstemmed | Measuring the importance of oil-related revenues in total fiscal income for Mexico |
| title_short | Measuring the importance of oil-related revenues in total fiscal income for Mexico |
| title_sort | measuring the importance of oil related revenues in total fiscal income for mexico |
| topic | HJ Finanzas Públicas |
| url | http://eprints.uanl.mx/29014/1/955.pdf |
| work_keys_str_mv | AT reyesloyamanuellorenzo measuringtheimportanceofoilrelatedrevenuesintotalfiscalincomeformexico AT blancogonzalezlorenzo measuringtheimportanceofoilrelatedrevenuesintotalfiscalincomeformexico |