Did Iraq Cheat the United Nations? Underpricing, Bribes, and the Oil for Food Program

Preprint OPEN
Chang-Tai Hsieh; Enrico Moretti;
  • Subject:
    • jel: jel:K4 | jel:J0

From 1997 through early 2003, the United Nations Oil for Food Program allowed Iraq to export oil in exchange for humanitarian supplies. We measure the extent to which this program was corrupted by Iraq's attempts to deliberately set the price of its oil below market pri... View more
  • References (6)

    2001. The reason is that in September 2001, the UN changed the way in which Iraq could 8See www.essochad.com for additional information on this project. 9 In the same spirit, Fisman (2001) quanti es the value of political connections in Indonesia, Duggan

    and Levitt (2002) document match- xing in sumo wrestling, Jacob and Levitt (2003) document patterns

    consistent with teacher cheating, and Olken (2004b) measures theft of subsidized rice in Indonesia. t

    ia ce an eyk ly 0 0 a 2

    Fraction of Buyers Who Are Major Oil Companies 1985 1990 1995

    Difference between Brent and Basrah 1985 1990 1995

  • Metrics
Share - Bookmark