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This study investigates the impact of natural resources on wealth inequality as a first attempt on a panel of 45 … 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 …
Persistent link: https://www.econbiz.de/10012489866
production in the future. Discovery is therefore valuable and should be considered as adding to national wealth through increases … resource value chain. Many countries will need to improve management along the entire chain if resource wealth is to benefit …
Persistent link: https://www.econbiz.de/10013103991
resources seems to depend on how resource wealth is measured. While most of these studies use the growth of GDP, a flow variable …, as the dependent variable, we propose to use the growth of real total wealth, a stock variable. By this, the idea of … resource curse for oil and gas rich countries. The higher the share of oil and gas wealth in total wealth per capita in 1995 …
Persistent link: https://www.econbiz.de/10013087639
Does less inequality in wealth distribution imply better property rights protection? In this paper we show that this … changes in wealth distribution, and c) the size of the ruling class, “elite”. In the conflict stage, institutional quality … positively depends on the wealth of the elite, but negatively – on the size of the elite class. However, the transition from …
Persistent link: https://www.econbiz.de/10013043892
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illegal extraction is punished but that the sanction is bounded by individual's wealth. First, we show that a segment of … intermediate-wealth individuals is the most adversely affected from the regime change, while the poorest segment is not only less …
Persistent link: https://www.econbiz.de/10014075083
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