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Development effects of electrification: evidence from the geologic placement of hydropower plants in Brazil
(CAF, 2011)
We estimate the development effects of electrification across Brazil over the period 1960-2000. Brazil relies almost exclusively on hydropower, which requires intercepting water at high velocity. We build an engineering ...
What do non-renewable natural resource rich countries do with their rents?
(CAF, 2011)
This paper examines three sets of questions related to the use of non-renewable natural resource rents: (1) To what extent countries rich in non-renewable natural resources use such rents to increase present consumption ...