Income Inequality and Oligarchs in Russian Regions: A Note

Arbeitspapier

We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia’s distinctive path towards market economy, among other factors, gave rise to the oligarchs who now control large parts of the economy and have a strong standing within politics and society. Using a unique regional data set on the locations of oligarchs’ businesses across the Russian regions, we test Acemoglu’s (2008) proposition that oligarchic societies experience extreme income inequality. Our results show significantly higher levels of income inequality in regions with a higher presence of oligarchs.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 6449

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Firm Organization and Market Structure ; Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection ; Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics ; Socialist Enterprises and Their Transitions
• Thema: Russia ; oligarchs ; entrepreneurship ; privatization ; inequality

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Fidrmuc, Jarko ; Gundacker, Lidwina
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2017

Weitere Informationen

• Handle: http://hdl.handle.net/10419/161888
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ