Arbeitspapier
Natural resources and income inequality in developed countries: Synthetic control method evidence
We examine the causal effect of natural resource discoveries on income inequality using the synthetic control method on data from 1947 to 2009. We focus on the natural discoveries in Denmark, Netherlands and Norway in the 1960-1970s and use top 1% and top 10% income share as the measure of income inequality. Many previous studies have been concerned that natural resources may increase income inequality. To the contrary, our results suggest that natural resources decrease income inequality or have no effect. We attribute this effect to the high institutional quality of countries we examine.
- Language
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Englisch
- Bibliographic citation
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Series: IOS Working Papers ; No. 381
- Classification
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Wirtschaft
Personal Income, Wealth, and Their Distributions
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Resource Booms
- Subject
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natural resources
income inequality
synthetic control method
- Event
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Geistige Schöpfung
- (who)
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Hartwell, Christopher
Horváth, Roman
Horvathova, Eva
Popova, Olga
- Event
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Veröffentlichung
- (who)
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Leibniz-Institut für Ost- und Südosteuropaforschung (IOS)
- (where)
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Regensburg
- (when)
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2019
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hartwell, Christopher
- Horváth, Roman
- Horvathova, Eva
- Popova, Olga
- Leibniz-Institut für Ost- und Südosteuropaforschung (IOS)
Time of origin
- 2019
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