Working paper
Natural resource booms and inequality: theory and evidence
- Abstract:
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Surprisingly little is known about the impact of resource booms on income inequality in resource rich countries. This paper develops a simple theory, in the context of a two sector growth model in which learning-by-doing drives growth, to explain the time path of inequality following a resource boom. Under plausible conditions, we find that income inequality will fall in the short run immediately after the boom, and will then increase steadily over time as the economy grows, until the initial...
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- Publication status:
- Published
- Peer review status:
- Not peer reviewed
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(Author's original, pdf, 286.2KB)
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Authors
Bibliographic Details
- Series:
- CSAE working paper series
- Place of publication:
- http://www.csae.ox.ac.uk/workingpapers/main-wps.html
- Publication date:
- 2008-01-01
Item Description
- Language:
- English
- Keywords:
- Subjects:
- UUID:
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uuid:cb7143ad-f970-4ca5-8d76-20758ccc115e
- Local pid:
- ora:2606
- Deposit date:
- 2009-02-10
Related Items
Terms of use
- Copyright holder:
- Benedikt Goderis & Samuel W Malone
- Copyright date:
- 2008
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