Oil and gas:a blessing for few hydrocarbons and within-region inequality in Russia

Buccellato, Tullio and Mickiewicz, Tomasz (2007). Oil and gas:a blessing for few hydrocarbons and within-region inequality in Russia. Working Paper. University College London, London (UK).

Abstract

Building on earlier work on regional inequality in Russia (Fedorov 2002; Gaddy and Ickes 2005; Bradshaw 2006 and others) we investigate a novel line of research, i.e. to demonstrate that the regional oil and gas abundance is associated with high within-region inequality. We show empirically that hydrocarbons represent one of the leading determinants of an increased gap between rich and poor in the producing regions. We discuss a possible cluster of geographic, economic and political factors underlying the phenomenon.

Divisions: Aston Business School > Economics, Finance & Entrepreneurship
Aston Business School
Uncontrolled Keywords: inequality,oil,gas,regions,Russia,state capture
Full Text Link: http://discover ... 469/1/17469.pdf
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Published Date: 2007-09
Authors: Buccellato, Tullio
Mickiewicz, Tomasz ( 0000-0001-5261-5662)

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Version: Published Version

License: Creative Commons Attribution


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