The Extractive Corruption in Colombia 2000 to 2011

What is the impact of the incomes from natural resources extraction in the investigation related with corruption in Colombia? We constructed a balanced panel for 1091 municipalities with information from 2000 to 2011, and through a Dif-Dif methodology we found opposite and significant effects in the...

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Bibliographic Details
Main Authors:	Amado, Diego Armando Castro, Loaiza, Yeison Andrey
Format:	Online
Language:	spa
Published:	Universidad Pedagógica y Tecnológica de Colombia 2019
Subjects:	corruption extraction of non-renewable natural resources public policy macroeconomic policy Corrupción extracción de recursos naturales no renovables política pública política macroeconómica
Online Access:	https://revistas.uptc.edu.co/index.php/cenes/article/view/8210

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Summary:	What is the impact of the incomes from natural resources extraction in the investigation related with corruption in Colombia? We constructed a balanced panel for 1091 municipalities with information from 2000 to 2011, and through a Dif-Dif methodology we found opposite and significant effects in the municipalities that produced the main natural resources extracted in Colombia: oil and coal. On the one hand, a raise of 1% in the international price of oil increased in 11% the average number of investigation related with corruption. On the other hand, a raise in 1% on the international price of coal reduced in 1.5% the average number of cases related with corruption investigated by PGN.