Arbeitspapier
Natural resources and wealth inequality: A cross-country analysis
This study investigates the impact of natural resources on wealth inequality as a first attempt on a panel of 45 developed and developing countries over the period 2000-2014. Using the Generalized Method of Moments, the results provide stong evidence that natural resources increase wealth inequality within a linear empirical framework. These results are robust to the use of alternative natural resources and wealth inequality measures. Additionnaly, a nonlinear analysis provides evidence of an inverted U shaped relationship between natural resources and wealth inequality. The net effect of enhancing natural resources on wealth inequality is positive and building on the corresponding conditional negative effect, the attendant natural resource thresholds for inclusive development are provided. It follows that while natural resources increase wealth inequality, some critical levels of natural resources are needed for natural resources to reduce wealth inequality.
- Sprache
-
Englisch
- Erschienen in
-
Series: AGDI Working Paper ; No. WP/21/019
- Klassifikation
-
Wirtschaft
International Investment; Long-term Capital Movements
Colonialism; Imperialism; Postcolonialism
Mining, Extraction, and Refining: Hydrocarbon Fuels
- Thema
-
Oil wealth
Natural resources
Wealth inequality
Sustainable development
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Tadadjeu, Sosson
Ndieupa, Henri Njangang
Asongu, Simplice
Nounamo, Yann
- Ereignis
-
Veröffentlichung
- (wer)
-
African Governance and Development Institute (AGDI)
- (wo)
-
Yaoundé
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
13.04.0020, 12:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Tadadjeu, Sosson
- Ndieupa, Henri Njangang
- Asongu, Simplice
- Nounamo, Yann
- African Governance and Development Institute (AGDI)
Entstanden
- 2021
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