Oil windfalls in Brazil and their long-run social impacts

摘要: Abstract In 1997, Brazil changed the regulatory framework of its oil and gas sector. After this change, a restrict subset localities started to receive large amounts rents. The goal paper is evaluate whether such rents distributed under law contributed improving some social indicators relative national average in eligible municipalities. We used “difference-in-differences” measurement compare changes selected within affected Municipalities last two decades, taking unaffected districts as control group. Municipal data on were collected from three National Censuses, conducted 1991, 2000 2010. Results show that royalties had positive statistically significant impact household’s access electric wiring, piped water waste collection, well decrease illiteracy rate. This means able improve their long-run.