The Local Economic Effects of Natural Resources: Evidence from Ghana

  title={The Local Economic Effects of Natural Resources: Evidence from Ghana},
  author={Josephine Ofori Adofo and Nori Tarui and Tomomi Tanaka},
  journal={Policy Research Working Papers},
Using household survey data and location information on oilfields, this paper examines the short-term welfare impacts of Ghana’s offshore oil discovery and production. The authors find that the oil discovery and production increased real income and employment by 4 percent and 4.5 percent, respectively. However, it had no effect on consumption and poverty reduction. The income effects are larger for skilled workers than for unskilled workers. The positive effects on employment in non-oil local… 

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