Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261505 
Year of Publication: 
2019
Citation: 
[Journal:] Journal of Economic Structures [ISSN:] 2193-2409 [Volume:] 8 [Issue:] 1 [Publisher:] Springer [Place:] Heidelberg [Year:] 2019 [Pages:] 1-26
Publisher: 
Springer, Heidelberg
Abstract: 
This paper examines whether the Internet has led to a shift from reliance on resource revenue towards progressive reliance on non-resource revenue, which is ultimately a sustainable source of public revenue. The analysis has been carried out using a sample of 99 countries, including both developed and developing countries, over 1995-2015. Empirical results obtained from the use of the two-step system GMM approach suggest that the Internet induces a change in the structure of public revenue, in particular from resource revenue towards non-resource revenue. In addition, this effect is higher for less advanced countries than for more advanced economies. Thus, the Internet could be a powerful tool for governments to reduce their dependence on resource revenue, in particular in resource-rich countries.
Subjects: 
Internet
Resource revenue
Non-resource revenue
JEL: 
H1
O3
Q33
Q38
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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