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...
Autores principales: | , |
---|---|
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 |
_version_ | 1824370447588786176 |
---|---|
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 |
format | Article |
id | eprints-7524 |
institution | UANL |
language | English |
publishDate | 2008 |
publisher | IPC Science and Technology Press |
record_format | eprints |
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 |
work_keys_str_mv | AT reyesloyamanuellorenzo measuringtheimportanceofoilrelatedrevenuesintotalfiscalincomeformexico AT blancogonzalezlorenzo measuringtheimportanceofoilrelatedrevenuesintotalfiscalincomeformexico |