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...

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Autores principales: Reyes Loya, Manuel Lorenzo, Blanco González, Lorenzo
Formato: Artículo
Lenguaje:inglés
Publicado: IPC Science and Technology Press 2008
Acceso en línea:http://eprints.uanl.mx/7524/1/Measuring%20the%20importance%20of%20oil-related%20revenues%20for%20total%20fiscal%20income%20in%20Mexico.pdf
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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
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spelling eprints-75242015-09-22T20:20:35Z http://eprints.uanl.mx/7524/ Measuring the importance of oil-related revenues in total fiscal income for Mexico Reyes Loya, Manuel Lorenzo Blanco González, Lorenzo 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 IPC Science and Technology Press 2008 Article PeerReviewed text en cc_by_nc_nd http://eprints.uanl.mx/7524/1/Measuring%20the%20importance%20of%20oil-related%20revenues%20for%20total%20fiscal%20income%20in%20Mexico.pdf http://eprints.uanl.mx/7524/1.haspreviewThumbnailVersion/Measuring%20the%20importance%20of%20oil-related%20revenues%20for%20total%20fiscal%20income%20in%20Mexico.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. ISSN 0140-9883
spellingShingle 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
url http://eprints.uanl.mx/7524/1/Measuring%20the%20importance%20of%20oil-related%20revenues%20for%20total%20fiscal%20income%20in%20Mexico.pdf
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